We are pleased to announce that TIME Group has subscribed shares of Valkyrie Industries Limited (hereinafter called "Valkyrie") on 8 July 2024

Valkyrie is a UK based startup with 7 years’ professional experience in haptics and virtual reality.  Valkyrie has developed haptic technology that creates weight, resistance and assistive forces for users in virtual simulations.  Its patented wearable haptics technology may be applied to multiple industries and combine fitness, wellness and gaming for the huge markets of games and neuromuscular recovery.  Valkyrie’s technology will be a good opportunity for the Group to extend our product mix and also tap into the new business sector so as to diversify the Group’s business portfolio and broaden its income stream with distinct customer base.