India + Taiwan deal

I've been looking up UGHL who is the parent of FCL in regards to the India + Taiwan deal as per the last announcement.

I came across this very recent document regarding UGHL:




Does anyone have any information on FCL?

I'm trying to figure out who these two companies are, and how they can afford to pay for this deal. As one parent company is concerned about their continuation, and the other I can't find anything about.

All I have is First Channel Limited (FCL) is a Company registered as per the laws of British Virgin Islands. FCL is 100% owned by Union Bridge Holdings Limited