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TROOPS to acquire 49% stake in Y Concept Holding Limited.
ByAinvest
Wednesday, Jul 16, 2025 11:01 am ET1min read
TROOPS, Inc. is acquiring a 49% equity interest in Y Concept Holding Limited, the parent company of The Cara Hotel, a co-living and co-working space in Malaysia. The acquisition is structured through convertible notes issued by TROOPS, valued at 80% of the lower of the closing share price on the date of signing or the average closing share price over the prior 60 trading days.
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