Core Viewpoint - Mobile-health Network Solutions (MNDR) has entered into a definitive Sale and Purchase Agreement to acquire 100% of PP Grid Sdn. Bhd. (PPG), marking a significant step in its strategic evolution towards enhancing its AI HealthTech platform [1][5]. Strategic Acquisition Structure - The acquisition aligns with the strategic roadmap established in previous Memorandums of Understanding (MOU) dated November 19, 2025, and March 15, 2026 [2]. - MNDR will utilize a Cayman Islands Special Purpose Vehicle (SPV) to acquire PPG, which will hold a minimum 96.5% equity interest in IRIX Properties Sdn. Bhd., designated for developing a 25 MW AI-optimized data center [3]. Key Transaction Terms and Relationship - The purchase consideration for the acquisition is set at US$1,500,000, fulfilled through a refundable deposit made under the November 2025 MOU [9]. - The agreement includes a clawback mechanism to protect against breaches of warranties or failure in the transfer of IRIX/Kuching Land [9]. - Dato' Stanley Ling will assist in operational integration for 12 months post-completion [9]. Company Overview - Mobile-health Network Solutions is a leading AI-powered digital health platform based in Singapore, with operations across Southeast Asia and plans for expansion into the US [7]. - The company aims to make healthcare accessible and intelligent through technology, providing telemedicine and AI-driven health tools [7].