Yugen Limited entered into an agreement to acquire 15% stake in VLPG Plant Ltd from Petrolina (Holdings) Public Ltd (CSE:PHL) for €1.128 million on June 2, 2021. Under the terms, Yugen Limited will acquire 0.090749 million shares from Petrolina (Holdings) Public Ltd. The transaction is subject to antitrust regulations.

Yugen Limited completed the acquisition of 15% stake in VLPG Plant Ltd from Petrolina (Holdings) Public Ltd (CSE:PHL) on December 30, 2021.