PP Grid Acquired by Mobile-health Network Solutions — Technology M&A

Mobile-health Network Solutions has completed the acquisition of PP Grid, a technology other business in Kuching, for $1,500,000. Mobile-health Network Solutions acquisitions focus on PP Grid acquisition tied to an AI-optimized data center site planned at 25 MW in Kuching. PP Grid holds interests in IRIX Properties, supporting development of a technology M&A add on acquisition for data center capacity serving AI workloads. The public company acquisition is structured as an add on acquisition under a definitive sale and purchase agreement dated March 16, 2026, with closing conditional on securing required equity interests in IRIX Properties.