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High Court of Malaya makes absolute charging order over 100,465 shares to enforce $27M judgment
CURRCurrenc Group Inc.
The High Court of Malaya made absolute a charging order over 100,465 ordinary shares in Tranglo Sdn. Bhd., owned by Currenc Group’s subsidiary Seamless Group Inc. Ripple Markets APAC Pte. Ltd. (RMA) obtained the order to enforce an unsatisfied summary judgment from the Singapore High Court entered on April 17, 2025. RMA may commence enforcement proceedings beginning October 7, 2026, potentially leading to a sale of the shares. The underlying claim stems from a default by GEA Limited for approximately US$27.3 million, with Seamless liable as guarantor. Currenc Group Inc. operates in the financial technology and digital asset services industry.