The Board of Directors of USP Group Limited announced that the following wholly-owned subsidiary has been incorporated on 13 January 2021. Name of subsidiary: Theme A Investment Holdings; Principal activity: Holding company for the Group's investment projects; Issued and paid up share capital: SGD 100,000. None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the above incorporation other than through their respective shareholdings in the Company.