Proven Investments Limited (JMSE:PROVEN) entered into an agreement to acquire 50.5% stake in Roberts Manufacturing Co. Ltd. from Massy Properties (Barbados) Limited for $21.5 million on December 30, 2020. The transaction is scheduled to take place 3 business days following the receipt of all regulatory and governmental confirmations, approvals, and acknowledgments, save that the closing date may not be extended beyond 30 days. Proven Investments Limited (JMSE:PROVEN) completed the acquisition of 50.5% stake in Roberts Manufacturing Co. Ltd. from Massy Properties (Barbados) Limited on June 8, 2021. The Group obtained the final regulatory approval on May 14, 2021.