EpicSoft's main business is in the wholesale of computer games. By combining the GCL group's gaming expertise with Ban Leong's distribution infrastructure, the acquisition will allow EpicSoft to deliver an integrated gaming ecosystem, the offer document reads.
The board of directors of Ban Leong Technologies (SGX:B26
) has appointed Asian Corporate Advisors as the independent financial advisor for the voluntary conditional cash offer by EpicSoft Asia to take the company private.
EpicSoft Asia, a wholly-owned subsidiary of gaming company GCL Global, offered to take Ban Leong Technologies private for a consideration of 60.29 cents per share on Apr 30.
