Excel Force to acquire XR content publisher for RM18.15mil

KUALA LUMPUR: Excel Force MSC Bhd is acquiring the entire 100% equity interest in investment holding firm Orca Capital Holdings Limited (OCHL) from Honest Winner Limited for RM18.15mil via a combination of shares and cash.

In a bourse filing, the group said OCHL, which is incorporated in the British Virgin Islands, has a 20% stake in China-based Shahe Technology (Beijing) Co Ltd (Sandman Studios), which is involved in extended reality content production, proprietary technology development and XR content publishing.