Vicplas International Ltd (SGX:569) acquired remaining 19% stake in XentiQ (Pte) Ltd. from the shareholders for SGD 2 on July 24, 2020. Under the terms of consideration, Vicplas International acquired 0.11 million shares of XentiQ. The acquisition will result in the Vicplas International increasing its ownership interest in XentiQ from 81% to 100%, thereby making XentiQ a wholly-owned subsidiary. This will allow the Vicplas International to have full control over the operation and corporate direction of XentiQ. The acquisition is not expected to have a material impact on the net tangible assets or earnings per share of Vicplas International for the current financial year ending July 31, 2020. Vicplas International Ltd (SGX:569) completed the acquisition of remaining 19% stake in XentiQ (Pte) Ltd. from the shareholders on July 24, 2020.