The Board of Directors of Shanaya Limited announced that its wholly-owned subsidiary, Shanaya Environmental Services Pte. Ltd. ("SES"), had on 26 January 2022 incorporated a wholly- owned subsidiary company ("Subsidiary"), details as follows: Name: Plastichem Recycling Pte. Ltd., Place of incorporation: Singapore, Issued and paid-up Capital: SGD 1.00 and
Principal activity: Chemical recycling of plastic waste.