My Rewards International Limited (AU:MRI) has released an update.
My Rewards International Ltd has struck a deal with iGoDirect Group, reducing their loan by $725,000 through the sale of 20 client agreements and licensing their IP. This strategic move not only lowers My Rewards’ debt but also allows iGoDirect to tap into new market opportunities and enhance its offerings. The transaction, which is part of a broader cooperative relationship since November 2023, is seen as mutually beneficial without significantly altering My Rewards’ business scale or activities.
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