Sky Win Management Consultancy Pte Ltd entered into a sale and purchase agreement to acquire VGO Corporation Limited (SGX:PH0) in a reverse merger transaction on June 6, 2016. The deal will be satisfied by the allotment and issuance of 1.2 billion new shares in the share capital of VGO Corporation. Tan June Teng, Colin and Tan Ping Huang, Edwin are proposed to be appointed as Directors of VGO Corporation Limited. The transaction is subject to the approval by VGO's shareholders, approval by Securities Industry Council of Singapore, consummation of proposed disposal, consummation of due diligence and completion of reorganization. On August 16, 2016, SGX-ST granted the waiver sought and indicated that the SGX-ST has no object to granting the Company a waiver from Rules 1015(1)(a)(ii) and 1015(4)(a) of the Catalist Rules in respect of disclosure of pro forma financial information of the enlarged group. As of December 12, 2016 Sky Win Management Consultancy Pte Ltd and sellers agreed to waive the condition precedents in the share purchase agreement. UOB Kay Hian Private Limited is acting as the independent financial advisor to VGO Corporation. Sky Win Management Consultancy Pte Ltd completed the acquisition of VGO Corporation Limited (SGX:PH0) in a reverse merger transaction on January 24, 2017. Post transaction, VGO Corporation Limited name will be changed to Hatten Land Limited and operated from new principal place of business located at 53 Mohamed Sultan Road, #04-02, Singapore 238993. Dato’ Colin will be appointed as Executive Chairman and Director, Dato’ Edwin will be appointed as Executive Director and Deputy Managing Director, Lee Sok Khian John will be appointed as Executive Director, Dato’ Wong King Kheng will be appointed as Lead Independent Director, Loh Weng Whye and Foo Jong Han Rey will be appointed as Independent Director of VGO Corporation Limited. Goh Ching Huat, Steven, Goh Ching Wah, George, Goh Ching Lai, Joe, Dato’ Wong King Kheng, Anthony Clifford Brown and Foo Jong Han Rey, existing Directors of VGO Corporation Limited, have resigned from the Board.