Mobii Green Energy is a Taiwanese renewable energy solutions firm that specialises in environmental, social, and governance (ESG) for technology companies. Mobii Genius is a special purpose vehicle (SPV) that was set up to provide efficient and low carbon emissions data processing and storage services, including the prospective development of green energy data centre businesses in Southeast Asia.
Singapore Exchange (SGX)-listed real estate developer, Asia-Pacific Strategic Investments (SGX:5RA
) , has agreed to acquire a 100% stake in Mobii Genius Co., Ltd, for US$150 million ($201 million). The consideration will be paid via the allotment and issuance of 41.6 billion shares from the former to the latter at an issue price of 0.483 cents per share.
On April 2, Asia-Pacific Strategic Investments entered into a conditional sale and purchase agreement (SPA) with Mobii Genius’ parent company, Mobii Green Energy to acquire Mobii Genius.
