Huge Mega Limited entered into an agreement to acquire Telemedia Pacific Communications Pte. Ltd from NGSC Limited (SGX:B07) for SGD 1.2 million on February 6, 2020. The transaction is subject to approval by Board of NGSC and due diligence investigation. The transaction is expected to close on February 15, 2020. On February 17, 2020, the Board of Directors of NGSC Limited wishes to announce that parties have mutually agreed to extend the completion date of the proposed disposal to February 28, 2020 or such other date as the parties may mutually agree to in writing. Under the terms, the proceeds from the transaction will be used to strengthen its existing businesses. Huge Mega Limited completed the acquisition of Telemedia Pacific Communications Pte. Ltd from NGSC Limited (SGX:B07) on March 19, 2020.