Monarch Surveyors and Engineering Consultants Ltd — Important, 09-04-2026: Company Update

Monarch Surveyors' board has authorized a binding agreement to acquire 100% of GM & FE Ryan Pty Ltd, an Australian engineering consulting and land surveying firm. This strategic move provides Monarch immediate entry into the Australian market, aligning directly with its core business. GMR Engineering Services, operating through GM & FE Ryan, boasts 12 full-time employees, assets valued at AUD $310,700, and a high client retention rate. Its annual revenue for FY2025 was AUD $1.8 Cr, with a FY2026 forecast of AUD $2.2 Cr. The all-cash acquisition consideration totals AUD $1,810,000, contingent on due diligence and approvals.