Monarch Surveyors and Engineering Consultants Ltd — Important, 03-06-2026: Company Update

Monarch Surveyors and Engineering Consultants has executed a binding agreement to acquire 100% of GMR Engineering Services, an Australian engineering consulting and land surveying firm. This strategic move aligns with Monarch's core business, offering immediate access to Australian government procurement panels and a platform for its Australian operations. The acquisition, valued at AUD $1,741,140, will be fully cash-funded. GMR Engineering Services has an annual revenue of approximately AUD $1.8 million (FY2025 actual) and a strong 20-year operating history. Completion is anticipated by the end of this month.