3DOM (Singapore) Pte. Ltd. entered into a non-binding term sheet to acquire ChasWood Resources Holdings Ltd. for approximately $1 billion on August 19, 2021. 3DOM (Singapore) Pte. Ltd. entered into an agreement to acquire ChasWood Resources Holdings Ltd. on November 5, 2021. Under the terms of the transaction, ChasWood Resources Holdings Ltd. will acquire 3DOM (Singapore) Pte. Ltd. and will issue 35.7 billion shares at $0.028 per share as consideration which will amount to 99.3% of the enlarged share capital of ChasWood Resources Holdings Ltd. The parties agree to adjust the acquisition consideration if required so as to allow a compliance placement to take place concurrently at the same issue price per share. 3DOM (Singapore) Pte. Ltd. and ChasWood Resources Holdings Ltd. agree to enter into a definitive agreement in respect of the acquisition along the structure as set out herein within four weeks from the date of the term sheet. The transaction is subject to entry into the subsequent definitive agreement, satisfactory due diligence, approval of creditors of ChasWood Resources, approval of Board of 3DOM (Singapore) Pte. Ltd. and ChasWood Resources Holdings Ltd., waivers from the authorities in relation to the obligation by the shareholder of 3PL to make a mandatory general offer of the shares of ChasWood Resources, approval of shareholders of ChasWood Resources Holdings Ltd at an extraordinary general meeting to be convened and obtaining of all necessary legal, regulatory, corporate and other approvals, waivers and consents including approvals from governments and any other regulatory bodies and approval of SGX-ST.