Liu Jun and Wang Wanghua acquired 20% stake in Century Water Systems & Technologies Pte. Ltd. from CITIC Envirotech Ltd. (SGX:CEE) for SGD 1.8 million on August 2, 2019. The consideration was satisfied in cash. Subsequent to the disposal, CITIC Envirotech Ltd. and its subsidiaries will cease to have any stake in Century Water Systems & Technologies Pte. Ltd. The disposal is not expected to have any material impact on the earnings per share of CITIC Envirotech Ltd for the financial year ending December 31, 2019. Liu Jun and Wang Wanghua completed the acquisition of 20% stake in Century Water Systems & Technologies Pte. Ltd. from CITIC Envirotech Ltd. (SGX:CEE) on August 2, 2019.