Cemedine Co. Ltd. (TSE:4999) agreed to acquire an additional 1.5% stake in Cemedine (Thailand) Co. Ltd. from four individuals for THB 4.8 million (¥15.4 million) on July 19, 2013. Cemedine Co. will acquire 150 shares of Cemedine (Thailand). Post transaction, Cemedine Co.'s stake in Cemedine (Thailand) will increase to 50.5%. Cemedine (Thailand) reported total assets of THB 180.66 million, sales of THB 559.33 million, operating profit of THB 14.19 million and net income of THB 14.74 million for year ending December 2012. The transaction was resolved by Board of Directors of Cemedine Co. Ltd on July 19, 2013. The transaction is expected to be completed in late July 2013. The currency conversion was done through www.oanda.com as at July 19, 2013.

Cemedine Co. Ltd. (TSE:4999) completed the acquisition of an additional 1.5% stake in Cemedine (Thailand) Co. Ltd. from four individuals on August 16, 2013.