Currenc Group Sells 60% Stake in Tranglo to New Margin Holding for $400 Million

Reuters01-02

Currenc Group Sells 60% Stake in Tranglo to New Margin Holding for $400 Million

Currenc Group Inc. is divesting its 60% controlling interest in Tranglo Sdn. Bhd. to New Margin Holding Limited for an aggregate purchase price of US$400 million, payable entirely in cash. The payment will be made in two installments: US$200 million at closing and the remaining US$200 million within ninety days after closing. According to the company, this move is a key step in its broader transformation strategy, enabling Currenc to streamline its operations, reduce debt, and focus on new initiatives in artificial intelligence, Web3, and digital assets. The transaction is expected to close after customary closing conditions are met.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Currenc Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9619002-en) on January 02, 2026, and is solely responsible for the information contained therein.

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