AnnAik Limited (Catalist:A52) acquired an additional 15% stake in Metal Wang Pte. Ltd. for SGD 0.08 million on April 1, 2021. The transaction includes acquisition of 75000 ordinary fully paid shares at a cash consideration of SGD 0.08 million. Prior to the transaction, AnnAik Limited holds 60% stake and Post completion, AnnAik Limited holds 75% stake in Metal Wang. The consideration will be financed through internal resources of AnnAik Limited. AnnAik Limited (Catalist:A52) completed the acquisition of a 15% stake in Metal Wang Pte. Ltd. for SGD 0.08 million on April 1, 2021.