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Mobile-health Network Solutions prices US$126 million private placement at US$14.1/share

PUBT·04/28/2026 13:46:29
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Mobile-health Network Solutions prices US$126 million private placement at US$14.1/share
  • Mobile-Health Network Solutions executed securities purchase agreement with Dato’ Stanley Ling for MYR 500 million (about USD 126 million) in staged tranches.
  • Company plans to issue 9 million Class A ordinary shares at USD 14.1 per share upon full subscription.
  • Proceeds are earmarked for construction and operation of phased 60 MW AI data center campus in Sarawak, Malaysia.
  • Completion would give Ling a 65% equity stake in Mobile-Health Network Solutions.
  • Issued shares will be subject to a 180-day lock-up.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mobile-Health Network Solutions published the original content used to generate this news brief on April 28, 2026, and is solely responsible for the information contained therein.