GSTechnologies acquires majority stake in cybersecurity firm Semnet
GSTechnologies Limited (LSE: GST), a prominent fintech company, has entered into an agreement to acquire a significant 66.67% stake in Semnet Pte Ltd, a Singapore-based cybersecurity firm, for a total consideration of US$1.8 million. This strategic acquisition combines cash payment and issuance of new shares, marking a significant expansion of GSTechnologies into the cybersecurity domain. […]