Malaysian voucher group Bradbury completes merger and US$5 million financing
The Malaysian voucher and payments group secured US$5 million from a private share sale alongside its merger, with Nasdaq trading scheduled for 7 October.
Malaysian electronic-voucher and digital-payments group Bradbury Capital Holdings has completed a merger and a US$5 million private share sale. The financing accompanies its move toward a US stock-market listing, which management plans to use to support expansion of its voucher and payment business.
The completed transaction changes the corporate backing of a business that distributes digital vouchers and develops payment services through subsidiaries and commercial partnerships. For merchants, brands and distribution partners, the immediate development is the closed combination and financing, alongside management’s plan to use access to US capital markets to support expansion.
Private share sale funds the combined business
The 6 October announcement named the merger partner as Technology & Telecommunication Acquisition Corporation, known as TETE. The combined business changed its name to Bradbury Capital Inc., with Nasdaq trading scheduled to start on 7 October.
An investor purchased 625,000 ordinary shares for a total of US$5 million in the concurrent private investment in public equity, commonly called a PIPE. That is the disclosed amount of this investment, rather than the value of the merger or a statement of all cash raised through the transaction.
The company said its ordinary shares would trade under BBCI and its warrants under BBCI W. Existing TETE units were to separate into one ordinary share and one warrant each, ending their trading as a separate security.
Bradbury is the parent of Super Apps Holding Sdn. Bhd. and OneShop Retail Sdn. Bhd. Its stated services connect merchants, brands and consumers through electronic-voucher distribution, payment enablement and digital-commerce platforms. The distribution network includes retailers, corporate partners and financial institutions, giving the business several routes to reach users through partner organisations.
Malaysian distribution supports regional ambitions
One disclosed partnership is a collaboration with MYISCO that provides access to ANGKASA’s network of approximately eight million members in Malaysia. That figure describes the reach of the partner network, not the number of active Bradbury customers or users of its payment services.
Executive chairman and chief executive Keith Loo See Yuen said the company intends to expand its voucher and payment activities across Southeast Asia and beyond, develop its technology and form further partnerships. He identified technology development and commercial partnerships as part of that expansion strategy.
Source: Bradbury’s 6 October 2026 closing announcement distributed by PR Newswire.
