OBN Co., Ltd. agreed to acquire 37.5% stake in LINK UP Inc. from Forval Corporation (TSE:8275) for approximately ¥280 million on April 9, 2019. OBN will acquire 6600 shares at a price of ¥4300 per share. The extraordinary shareholders’ meeting of Forval Corporation will be held on April 17, 2019 to make a resolution for the transaction. The transaction has been resolved by the Board of Forval Corporation. Transaction is expected to close on April 19, 2019.