Published by Josh White on 10th November 2017
(ShareCast News) - E-commerce infrastructure payment solution and platform provider MobilityOne announced on Friday that, on 9 November, it signed - via its recently incorporated wholly-owned subsidiary MobilityOne South Asia - a sale and purchase agreement with Zahir Uddin and Shahin Hossain to acquire a 55% shareholding in MiTP for a nominal cash consideration of BDT 0.55m, payable from the group's existing cash resources.