Tempus Network, a wholly owned subsidiary of Burkhan World Investments (Burkhan), has agreed terms to lead an institutional investment round into GMEX Group Limited (GMEX), a specialist in digital business and technology solutions for capital markets players, exchanges and post-trade market infrastructure.
Tempus Network, a wholly owned subsidiary of Burkhan World Investments (Burkhan), has agreed terms to lead an institutional investment round into GMEX Group Limited (GMEX), a specialist in digital business and technology solutions for capital markets players, exchanges and post-trade market infrastructure.
The strategic investment will be made via Tempus Network’s nominated Special Purpose Vehicle (SPV) in UAE in collaboration with key Middle Eastern investment institutions, the names of which will be announced in due course. The deal is expected to close during June 2022 subject to necessary approvals, with other strategic and institutional investors also joining the investment round.