Yang Guoying entered into a sale and purchase agreement to acquire remaining 51% stake in Pioneer Environmental Technology Pte Ltd. from AnnAik Limited (Catalist:A52) for SGD 0.22 million on December 13, 2023. Pioneer Environmental Technology reported net asset value of SGD 219,709.38 as at September 30, 2023. Completion of the transaction is the later of (i) January 2, 2024 or (ii) two (2) weeks after all the conditions precedent in the agreement have been met or waived.