Greenkraft, Inc. (OTCPK:GKIT), Goldenbales, Corbox, Rex chua, Clement chua entered into a share purchase agreement to acquire 64.9% stake in Steniel Manufacturing Corporation from Steniel (Netherlands) Holdings B.V.for PHP 65 million on October 7, 2020. Under the terms of transaction, Steniel (Netherlands) will sell approximately 650 million shares at price of PHP 0.10 per share. Under the terms of transaction, Greenkraft bought 21.67 percent of the company, Goldenbales and Corbox at 19.5 percent each and the stake of the two Chuas at 2.16 percent each.. Greenkraft, Inc. (OTCPK:GKIT), Goldenbales, Corbox, Rex chua, Clement chua completed the acquisition of 64.9% stake in Steniel Manufacturing Corporation from Steniel (Netherlands) Holdings B.V.for PHP 65 million on October 7, 2020.