Sun Capital Management Corporation (JASDAQ:2134) acquired remaining 81.04% stake in Marvel Green Power Energy Pte. Ltd. from Marvel Investments Limited and Asian Trading Asset Management Limited for SGD 11.1 million on November 28, 2016. Post completion, Marvel Green Power Energy Pte. Ltd. will operate as a wholly-owned subsidiary. Post transaction, Marvel Green Power Energy Pte. Ltd's name is changed to Sun Green Power Energy PTE Ltd. Under the terms of agreement Sun Capital Management Corporation will acquire 3.16 million shares. For the year July 31, 2016 Sun Green Power Energy PTE Ltd reported total revenue of SGD 0.81 million, total assets of SGD 7.05 million, operating profit of SGD 0.28 million, net income of SGD 0.24 million and net assets of SGD 5.38 million. Sun Capital Management Corporation (JASDAQ:2134) completed the acquisition of remaining 81.04% stake in Marvel Green Power Energy Pte. Ltd. from Marvel Investments Limited and Asian Trading Asset Management Limited for SGD 11.1 million on November 28, 2016.