Sino Wisdom Ventures Limited acquired 28.71% stake in Ernest Borel Holdings Limited (SEHK:1856) from Sense Control International Limited for approximately HKD 160 million on January 19, 2018. Under the terms of the transaction, Sino Wisdom Ventures Limited acquired 99.76 million shares of Ernest Borel Holdings Limited. Upon completion, Sense Control International Limited does not hold any stake in Ernest Borel Holdings Limited. Sino Wisdom Ventures Limited completed the acquisition of 28.71% stake in Ernest Borel Holdings Limited (SEHK:1856) from Sense Control International Limited on January 19, 2018.