- CEO
- Marcus Choo Yeow Ngoh
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Corporate Tower Subang Square Subang Jaya Malaysia 47500
- IPO Date
- Oct 4, 2021
- Business
- PHP Ventures Acquisition Corp. (PPHPW) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. The company offers no current products or operational services beyond its SPAC structure, which facilitates public listings for private targets through its public float, units, warrants, and ordinary shares traded under tickers including PPHP, PPHPU, PPHPW, and PPHPR. Sponsored by Global Link Investment LLC and led by Chairman and CEO Marcus Choo Yeow Ngoh alongside CFO Garry Richard Stein, it targets opportunities across industries such as consumer goods and technology, with an emphasis on emerging markets including EEMEA regions. Founded in 2021 and headquartered in Subang Jaya, Selangor, Malaysia, PHP Ventures maintains a lean operation with three employees and conducts activities from a global perspective without specified ongoing geographic revenue segments. In December 2022, the company announced a definitive business combination agreement with Modulex Modular Buildings Plc, valued at approximately $737.5 million, aiming for a Nasdaq listing of the combined entity pending shareholder approval, SEC effectiveness, and closing conditions; however, no completion has occurred to date. Recent major changes include multiple one-month extensions of its initial business combination deadline through trust account deposits of $4,770.70 each, most recently in November 2025 pushing the target to December 2025, alongside Nasdaq trading suspension on April 19, 2024, and a Form 25-NSE filing on June 28, 2024, resulting in delisting while it continues seeking a viable target.