Roslan bin Affandi conditional sale and purchase agreement to acquire 85% stake in EoPlex Limited from ASTI Holdings Limited (SGX:575) for SGD 1 on December 18, 2021. As part of the transaction, Roslan bin Affandi will acquire 300 million ordinary shares representing 85% of the issued share capital of EoPlex. Post completion, EoPlex will cease to be a subsidiary of ASTI Holdings. Completion of the Proposed Disposal is subject to approval by the shareholders of ASTI Holdings, and all necessary governmental, regulatory and third party consents, approvals and waivers. Completion of the transaction is expected to take place on the date falling two business days after the day on which the last of the Conditions of the SPA is fulfilled.

Roslan bin Affandi cancelled the acquisition of 85% stake in EoPlex Limited from ASTI Holdings Limited (SGX:575) on December 16, 2022.