1. Description of the Asset Common stock of INGRASYS TECHNOLOGY MEXICO S.A. DE C.V.

2. Transaction Date May 21, 115

3. Board Approval Date May 21, 115

4. Transaction Details Number of shares acquired: 727,469,319 shares Price per share: $0.05 USD Total transaction value: $39,500,000 USD

5. Purpose Long-term investment

6. Relationship Parent-subsidiary transaction. Financed through internal funds.

7. Accumulated Shareholding Cloud Network Technology Kft.: 727,163,601 shares (60.399%) Cloud Network Technology Singapore PTE. LTD.: 1,109,068,415 shares (39.601%) Focus PC Enterprises Limited.: 1 share (0.0000001%)

FACT BOX

  • Source: PR Times
  • Category: News
  • Organizations: Cloud Network Technology Singapore Pte. Ltd. / INGRASYS TECHNOLOGY MEXICO S.A. DE C.V. / Cloud Network Technology Kft.
  • Dates in source: 115/5/21
  • Products / services: Cloud Network Technology / INGRASYS