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| Exchange Received Time 30/11/2018 09:53:57 Exchange Disseminated Time 30/11/2018 09:54:04 Time Taken 00:00:07 | Dear Sirs,
Further to our disclosure submitted on November 29, 2018 on the above subject, we wish to clarify that Drug Discovery and Development Solutions Limited, Singapore ('DDDSL'), a wholly-owned subsidiary of the Company, has entered into Stock Purchase Agreement on November 29, 2018 for acquiring 10% shares of Common Stock of Inipharm Inc., USA for a total purchase consideration of USD 534.20 (USD Five Hundred Thirty Four and Twenty Cents) only.
We request you to take the same on record.
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