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

PUBT · 6d ago

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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.

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