Wu Yongqiang entered into a sale and purchase agreement to acquire 11% stake in Metech International Limited (Catalist:V3M) from Alto VenCap Pte. Ltd. for SGD 2.2 million on August 11, 2021. Under the terms of the transaction, Wu Yongqiang will acquire 11 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, Tiang Ming Kiong and Mdm Chen Yan entered into a sale and purchase agreements to acquire 4.8% stake and 4% stake in Metech International Limited from Alto VenCap Pte. Ltd. Wu Yongqiang completed the acquisition of 11% stake in Metech International Limited (Catalist:V3M) from Alto VenCap Pte. Ltd. on August 11, 2021.