Chan Swee Ying agreed to acquire Nuone Sdn Bhd from Harvest Miracle Capital Berhad (KLSE:HM) for MYR 5.7 million on November 14, 2022. As of March 31, 2022, Nuone reported revenue of MYR 0.36 million, loss after taxation of MYR 0.12 million and net assets of MYR 5.2 million. The deal is subject to financial and legal due diligence on NSB, approval of HMCB's board of directors and the necessary approvals from laws or regulation or
deemed necessary by the parties. The deal is expected to by completed by the fourth quarter of the calendar year 2022.