Alpha DX Group Limited to provide updates on the Group's first public-private partnership in digital learning and education. Previously on 26 August 2021, the Group has entered into a Memorandum of Understanding (MOU) with the Ministry of Higher and Secondary-Specialized Education (MHSSE) of the Republic of Uzbekistan (Uzbekistan) that encompass various joint ventures, collaborations and key deliverables in relation to AUU. As such, the Company has announced that its subsidiary, ZioNext Pte. Ltd., will develop and implement the next generation ubiquitous learning platform for AUU. Under the MOU, Alpha and MHSSE will also establish a joint venture with the primary purpose of establishing and managing the AUU, a next generation University that will be fully integrated with the ubiquitous learning platform developed by Alpha DX's subsidiaries. PPPs are widespread in both developing and developed countries and governments often see PPPs as a way of improving quality, access or cost-effectiveness in their education system. Subsequent to entry of the MOU, further discussions have been undertaken, and the joint venture is expected to be funded with USD 50 million by the joint venture partners and it will primarily be channelled towards the development and growth of AUU. Moving ahead, the scope of the joint venture may be expanded to include the transformation of the entire public education system of Uzbekistan. The establishment of the joint venture and its terms are subject to the entry into binding agreements. Scheduled to open in the third quarter of 2022, AUU will have two campuses in Uzbekistan with the main campus located in Tashkent, the capital city of Uzbekistan, and the second campus located in Andijan, the administrative, economic, and cultural center of Andijan Region.