Axington Inc. proposed to acquire Achieva Thailand (Digital) Company Limited from Achieva Technology Sdn. Bhd. on December 27, 2023.

As of May 7, 2024, the completion of the proposed disposal is subject to the fulfilment (or waiver) of certain conditions, including the Purchaser Group having (a) positive net asset value or (b) negative net asset value of no more than SGD 250,000 on completion (the "NAV Condition Precedent"). As of May 8, 2024, the transaction is expected to close before June 30, 2024. On June 14 , 2024, Serial I-Tech (Far East) Pte.

Ltd agreed to waive the NAV condition precedent.