Tiang Ming Kiong entered into a sale and purchase agreement to acquire 4.8% stake in Metech International Limited (Catalist:V3M) from Alto VenCap Pte. Ltd. for SGD 1 million on August 11, 2021. Under the terms of the transaction, Tiang Ming Kiong will acquire 4.8 million shares in Metech International Limited at SGD 0.20 per share. As a result of the transactions, Alto VenCap Pte. Ltd. will not own any stake in Metech International Limited upon completion. In related transactions, Wu Yongqiang and Mdm Chen Yan entered into a sale and purchase agreements to acquire 11% stake and 4% stake in Metech International Limited from Alto VenCap Pte. Ltd. Tiang Ming Kiong completed the acquisition of 4.8% stake in Metech International Limited (Catalist:V3M) from Alto VenCap Pte. Ltd. on August 11, 2021.