GCL Global Completes Compulsory Acquisition of Ban Leong Technologies

GCL Global Holdings, a leading games and entertainment provider, has completed the compulsory acquisition of Ban Leong Technologies, a leading distributor of technology products across Asia. Ban Leong will be delisted from the Singapore Stock Exchange on August 26. The acquisition aims to expand GCL's portfolio and reach customers through a comprehensive multi-channel distribution strategy.

SINGAPORE, Aug. 25, 2025 — GCL Global Holdings Ltd (NASDAQ: GCL), a leading provider of games and entertainment, has completed the compulsory acquisition of Ban Leong Technologies Limited (Ban Leong). This acquisition aims to expand GCL's portfolio and customer reach through Ban Leong's comprehensive multi-channel distribution strategy. The acquisition was finalized on August 25, 2025, and Ban Leong will be delisted from the Singapore Stock Exchange on August 26, 2025.

Ban Leong, established in 1993, has been a leading distributor of technology products across Asia. The company offers a wide range of products, including IT accessories, gaming components, smart (IoT) devices, and commercial solutions. Ban Leong is an authorized distributor for over 50 globally recognized brands, such as Razer, Nvidia, Samsung, Huawei, TP-Link, and LG. The company operates service centers in Singapore, Malaysia, and Thailand, providing technical support and repair services.

The acquisition marks a significant milestone for Ban Leong, enabling it to leverage GCL's global ecosystem, expertise, and distribution network. According to Ronald Teng, Managing Director of Ban Leong, "This acquisition opens an exciting new chapter for Ban Leong, one that will unlock opportunities, fuel innovation, and strengthen our ability to deliver exceptional technology solutions across Asia."

Sebastian Toke, Group CEO of GCL, welcomed Ban Leong's talented team to the GCL family, stating, "Today we celebrate the completion of the entire deal and officially welcome Ban Leong’s talented team to the GCL family. This milestone is a pivotal step forward in our vision to build a fully integrated gaming ecosystem that bridges content, hardware, and distribution across Asia and beyond."

The combination of GCL and Ban Leong is expected to result in significant synergies, including operational efficiencies, economies of scale, new revenue streams, and expanded sales channels. The integration is anticipated to enhance market positioning and generate value for customers.

GCL's acquisition strategy aligns with its strategic focus on the rapidly expanding Asian gaming market. By combining Ban Leong's proven marketing and procurement strategies with GCL's digital and physical content portfolio, the companies aim to introduce innovative gaming solutions and expand their market presence.

For more information, please refer to the full text of the announcement filed by GCL on a Form 6-K, available on the SEC website at [1] https://www.sec.gov.

References:
[1] https://www.marketscreener.com/news/gcla-s-subsidiary-completes-compulsory-acquisition-and-delisting-of-ban-leong-technologies-limited-ce7c50d8d889f123