On June 27, 2024, GXS Bank Pte. Ltd. closed the transaction. The company has amended the terms of the transaction.

The company has issued 229,500,000 common shares at an issue price SGD 1 per share for gross proceeds of SGD 229,500,000 in its second and final tranche, the company has issued total 374,600,000 common shares for gross proceeds of SGD 374,600,000 in the transaction. The final tranche included participation from returning investor, Grab Holdings Limited for 191,800,000 common shares for gross proceeds of SGD 191,800,000 and new investor, Singapore Telecommunications Limited for 37,700,000 common shares for gross proceeds of SGD 37,700,000.