AcquisitionsApr 26, 2026, 05:24 AM
MNDR to acquire additional 35MW data center capacity for up to $3M
AI Summary
Mobile-health Network Solutions (MNDR) entered into a Supplemental Agreement on April 22, 2026, to its previously disclosed Sale and Purchase Agreement for PP GRID SDN. BHD. (PPG). Under the supplemental agreement, the sole shareholder of PPG will transfer an additional 35MW of data center capacity into PPG. This additional capacity will be acquired for an extra purchase consideration of up to $3,000,000, subject to independent valuation. The Supplemental Agreement will become effective upon the completion of this transfer.
Key Highlights
- MNDR signed a Supplemental Agreement for its acquisition of PP GRID SDN. BHD. (PPG).
- The agreement adds 35MW of data center capacity to be transferred into PPG.
- Additional purchase consideration for the capacity is up to $3,000,000.
- The final consideration will be determined by independent valuation.
- The Supplemental Agreement takes effect upon completion of the capacity transfer.