PAM Co., Ltd. agreed to acquire 52.42% stake in Applied.Co.,Ltd. (JASDAQ:3020) from Yoshiharu Oka and Miwako Oka on November 14, 2013. Yoshiharu Oka is selling 36.5% stake and Miwako Oka is selling 15.92% stake in Applied.Co. Post transaction Yoshiharu Oka and Miwako Oka each will hold 3.17% stake. PAM Co., Ltd. is acquiring 0.62 million shares of Applied.Co.,Ltd. representing 49.3% stake. The transaction is expected to close by November 15, 2013.

PAM Co., Ltd. completed the acquisition of 52.42% stake in Applied.Co.,Ltd. (JASDAQ:3020) from Yoshiharu Oka and Miwako Oka on November 15, 2013.