Altplus Inc. (TSE:3672) entered into a share exchange contract to acquire scopes INC. from a consortium of 4 individuals and others for ¥77.4 million on January 18, 2018. Altplus Inc. will issue 138 shares for every share of Scopes, Inc. as part of the transaction. Scopes, Inc. had total assets of ¥58 million, net assets of ¥24 million, revenue of ¥253 million and operating profit of ¥19 million for the year ending July 31, 2017. The transaction has been resolved by the Board of Directors of Altplus Inc. on January 18, 2018. The extraordinary shareholders’ meeting of Scopes, Inc. will take place on February 28, 2018. The transaction is expected to complete on March 1, 2018. AltPlus Inc. (TSE:3672) cancelled the acquisition of scopes INC. from a consortium of 4 individuals and others on January 18, 2019.