Simba’s parent company, Tuas, terminates an agreement to buy shares in M1, according to reporting by The Straits Times and Channel NewsAsia. Tuas says Simba will continue operating in Singapore while an investigation by the Infocomm Media Development Authority (IMDA) is ongoing. Both outlets report that Tuas frames the termination as linked to the regulatory process, rather than any change to Simba’s operations during the probe. Channel NewsAsia adds that Simba continues to cooperate with IMDA’s investigation into whether it breached the Telecommunications Act. The available reports do not describe the specific findings of the investigation or provide further details on the terms of the terminated share acquisition. They also do not state whether Tuas plans to pursue a different transaction later. The key point across the sources is that the proposed acquisition of M1 shares ends, while regulatory scrutiny of Simba continues and Simba remains operational in Singapore.