Cheng Chi Heng acquired a 5% stake in Space Group Holdings Limited (SEHK : 2448) from Space Investment (Bvi) Ltd for approximately HKD 160 million on December 8, 2022. Under the terms, 40.3 million shares of Space Group Holdings have been disposed. Post acquisition, Space Investment (Bvi) Ltd. holds 62.18% stake in Space Group Holdings.

Cheng Chi Heng completed the acquisition of a 5% stake in Space Group Holdings Limited (SEHK : 2448) from Space Investment (Bvi) Ltd on December 8, 2022.