Penta-Ocean Construction Co., Ltd. (TSE:1893) agreed to acquire UG M&E Pte. Ltd. from Greatearth Pte Ltd. on May 11, 2020. Post the completion of the transaction, UG M&E will operate as a subsidiary of Penta-Ocean. The impact of the acquisition of shares on the consolidated financial results for the fiscal year ending in March 2021 is expected to be minimal. Penta-Ocean Construction Co., Ltd. (TSE:1893) completed the acquisition of UG M&E Pte. Ltd. from Greatearth Pte Ltd. in June 2020.