Naga Dhunseri Group Limited (NSEI:NDGL) acquired Twelve Cupcakes from Jaime Teo and Daniel Ong for SGD 2.5 million in December 2016. Naga Dhunseri Group Limited (NSEI:NDGL) completed the acquisition of Twelve Cupcakes from Jaime Teo and Daniel Ong in December 2016.