Ys Yong Services Pte Ltd announced a private placement of 750,000 shares at a price of SGD 1 per share for gross proceeds of SGD 750,000 on October 26, 2016. The transaction included participation from existing investor, 800 Super Holdings Limited (Catalist:5TG). Upon completion of the transaction; the investor will retain 100% stake in the company. Upon completion of the transaction; the paid up capital of the company increased from SGD 750,000 to SGD 1,500,000.