| Market cap (m) | £3.8 |
| Enterprise value (m) | £3.5 |
Sealand Capital Galaxy Ltd operates as a special purpose acquisition company. The group engaged in digital marketing and other IT and e-Commerce-related businesses. Its segments are The digital marketing and payment segment, which includes services on enlisting merchants to mobile payment gateways and providing digital advertising services; and the e-commerce segment, which includes sales of goods through the internet and provision of consultancy services related to e-commerce. It generates the majority of its revenue from the e-commerce segment. Geographically, it derives revenue from Hong Kong.
Sealand Capital Galaxy said it noted a recent rise in its shares and is unaware of any reason for the increase. The company released an RNS classifying the statement as inside information under applicable regulations, which became public upon publication.
The movement coincided with activity in MobilityOne and RC365, which also said they knew of no reason for their moves. MobilityOne previously announced conditional approval for its Malaysia subsidiary to establish an additional subsidiary to conduct Islamic digital banking activities.