The Board of Directors of Venture Corporation Limited announced that the incorporation of a new wholly-owned subsidiary Venture Enterprise Innovation Inc. in the State of California, United States of America. Initial paid-in capital is USD 100,000.00. Proposed Business Activities are to engage in activities related to forging new alliances, partnerships and ventures that will enable the Company to participate in advanced new technologies and businesses, develop an ecosystem in the US to foster innovation and collaboration with upstream and downstream business partners, and to be a next- generation leading provider of high technology products, solutions and services.