Pon Asia Holding Pte Ltd Acquires QPM

We will like to announce that QPM has been acquired by Pon Asia Holding Pte Ltd. Pon Asia has diversified business holdings across the region, which in Singapore, includes SWTS Pte Ltd (“SWTS”) and J M Pang & Seah (Pte) Ltd (“JMPS”). This acquisition will bring the synergies of various entities, leading to improved service delivery to our clients across all industries. We thank our clients and business partners for their understanding and patience during this period as we continue our culture of continual improvement.”