Autobacs Seven Co., Ltd. (TSE:9832) agreed to acquire additional 10% stake in Guangdong Car House Industrial Development Holdings Co., Ltd. on October 23, 2019. Post completion, Autobacs will hold 20% stake in Guangdong Car House Industrial Development Holdings Co., Ltd. Autobacs Seven Co., Ltd. (TSE:9832) cancelled the acquisition of additional 10% stake in Guangdong Car House Industrial Development Holdings Co., Ltd. on October 23, 2020.