Hong Kong Tigermed Technology Co., Ltd. agreed to acquire 3.06% stake in EPS Holdings, Inc. (TSE:4282) for ¥1.9 billion on October 30, 2019. Hong Kong Tigermed Technology Co., Ltd. will acquire 1.4 million shares at ¥1377 per share. Post completion of the transaction, Hong Kong Tigermed Technology Co., Ltd. will hold 3.06% stake in EPS Holdings, Inc. The transaction was approved by the 27th meeting of the 3rd directorate of the Hangzhou Tigermed Consulting Co.,Ltd. Approval from the shareholders’ meeting is still pending. As of December 16, 2019, the shareholders of Hangzhou Tigermed Consulting Co.,Ltd approved the transaction. As of update dated December 16, 2019, Hong Kong Tigermed Technology Co., Ltd. has paid an equity transfer price and has completed relevant equity transfer procedures. Hong Kong Tigermed Technology Co., Ltd. cancelled the acquisition of 3.06% stake in EPS Holdings, Inc. (TSE:4282) on October 30, 2020.