The Board of Directors of UnUsUaL Limited. announced that the company and JFJ Productions (S) Pte. Ltd. ("JFJ") have jointly incorporated a new entity, White Mount International Pte. Ltd. JFJ is music production company with more than 10 years of experience in the entertainment industry. The company owns 50% of the equity interest of WMI and has majority control of the WMI's board, making WMI a subsidiary of the Company. JFJ owns the remaining 50% of the equity interest of WMI. The partnership combines the expertise of both the Company and JFJ in the fields of production/promotion of live events and music production respectively, in order to produce quality content for the entertainment and games industry. As at the date of this announcement, WMI has a paid-up share capital of SGD 100,000 comprising 100,000 shares contributed in equal proportion by the Company and JFJ. The principal activities of WMI are production of live stage presentations and publishing of games software and applications. The Company's investment in WMI was funded by internal resources and is not expected to have any material impact on the net tangible assets and earnings per share of the Group for the financial year ending 31 March 2021. Save for their respective interests in the Company, none of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the incorporation of WMI.