Sinjia Land Limited (Catalist:5HH) agreed to acquire BINEX Singapore Pte. Ltd. from Biomass Energy Corporation, Mebius Co.,Ltd., Binex Inc, 3DOM, Inc. and Future Science Research Inc. for approximately SGD 610 million on November 19, 2021. As on January 31, 2022, Sinjia Land Limited (Catalist:5HH) entered into a sale and purchase agreement to acquire BINEX Singapore Pte. Ltd. from Biomass Energy Corporation, Mebius Co.,Ltd., Binex Inc, 3DOM, Inc. and Future Science Research Inc. The Parties agree that all fees, costs and expenses incurred in relation to the Proposed Acquisition will be borne by Sinjia Land Limited. The deal is subject to consummation of due diligence and approval of Sinjia Land Limited shareholders. As on February 18, 2022, Sinjia Land Limited is in the process of engaging EY Corporate Advisors Pte. Ltd. as an independent qualified valuer (“IQV”) for the Proposed Acquisition.