The Board of Directors of Metech International Limited announced that the Company has on 28 May 2021 entered into a joint venture agreement with Jurong Barrels & Drums Industries Pte Ltd. ("Jurong BD") (collectively with the Company, the "Parties"). Pursuant to the JVA, the Parties will establish a joint venture company ("JV Company"), to be incorporated in Singapore to explore the provision of environmental services globally, with the immediate focus on water treatment in People's Republic of China.