Fong, Tim entered into the Sale and Purchase Agreement to acquire 8.44% stake in Hao Tian International Construction Investment Group Limited (SEHK:1341) from Aceso Life Science Group Limited (SEHK:474) for approximately HKD 330 million on July 28, 2021. Under the terms, offer price is HKD 0.52 per share. Transaction is subject to approval by government or regulatory and third party approval.