Choo See Wee entered into a sale and purchase agreement to acquire Corous360 Pte Ltd. from DeClout Limited (Catalist:5UZ) for SGD 21.9 million on December 17, 2018. Under the terms of the transaction, the consideration will be satisfied by the transfer of 625 new ordinary shares in the share capital of Grand Centrex Limited, representing 12.5% shareholding in Grand Centrex, at a consideration price of SGD 35,044.8 per share. Upon the completion of the transaction, Corous360 will cease to be a wholly-owned subsidiary of DeClout Limited. Corous360 had a book value of SGD 19.63 million as at September 30, 2018. The transaction is subject to completion of the Titan and Qisahn acquisition prior to the completion of this transaction, and the Epicsoft Asia Pte. Ltd. acquisition by no later than 30 days after the completion of the sales and purchase agreement. Choo See Wee completed the acquisition of Corous360 Pte Ltd. from DeClout Limited (Catalist:5UZ) on April 2, 2019.