IC Net Limited invests in Excharge International Pte. Ltd.
IC Net Limited (Morihiro TADA, President), a company that was incorporated in Japan and has been providing consulting services on official development assistance (ODA), invests in Excharge International Pte. Ltd. (Tomoharu SAWAHATA, Director), a company that was incorporated in Singapore and has been developing systems to use surplus electricity generated by motor vehicles. As a result of IC Net Limited’s investment of 66,666 Singapore Dollars, the total capital of Excharge International Pte. Ltd. is now 333,333 Singapore Dollars.