IOUpay Limited (ASX:IOU) agreed to acquire Sibu Kurnia Marine Sdn Bhd for MYR 4.3 million on January 19, 2021. The purchase will be funded from existing cash reserves. The deal is subject to approval from Malaysian Ministry of Housing and Local Government.

IOUpay Limited (ASX:IOU) completed the acquisition of Sibu Kurnia Marine Sdn Bhd on January 14, 2022. IOUpay Limited received approval from Malaysian Ministry of Housing and Local Government.