1. the issuance of a total of 504,574,140 shares, representing approximately 78.7% of the issued share capital (approximately 29.4% of the issued share capital after the enlarged) to the substantial shareholders, Mr. Low Thiam Herr and Mr. Lim Kim Chai, at an issue price of HK $0.2 and the net proceeds were used for capitalisation of loans 2.20 shares for 1 share, 2 shares for 1, 572,899,170 shares issued, accounting for 50% of the issued share capital, offering price: HK $0.2, net proceeds of HK $112,000,000, placing agent: VC Brokerage Limited
