Yaqut Sdn Bhd entered into an agreement to acquire additional 20% stake in EVYD Technology Limited from Yidu Tech Inc. (SEHK:2158) for $55 million on December 21, 2022. Yaqut Sdn Bhd will acquire 200 shares of EVYD Technology. EVYD Technology recorded net assets of $33.3 million as of September 30, 2022.