Hao Bai International (Cayman) Limited (SEHK:8431) entered into an agreement to acquire 45% stake in Splendid Resources Inc. from Miss So Siu Ngan, Amy for HKD 13 million on April 25, 2022. The expected completion date is fourteen Business Days after the fulfillment of the conditions set out in the Sale and Purchase Agreement.

Hao Bai International (Cayman) Limited (SEHK:8431) completed the acquisition of 45% stake in Splendid Resources Inc. from Miss So Siu Ngan, Amy on April 28, 2022. All the conditions precedent to the Sale and Purchase Agreement have been fulfilled.