Medical Net, Inc. (TSE:3645) entered into a contract to acquire additional 12.1% of the shares of MiRTeL Co., Ltd from HC No. 8 Fund and High-Value C 1st Fund managed by Hiroshima Venture Capital Co., Ltd., Furusato Renkei Ouen Fund managed by Hiroshima Innovation Network Inc., Will Group Fund Investment Limited Partnership managed by Future Venture Capital Co., Ltd. and 4 others December 21, 2023. As part of acquisition, 65,667 shares will be acquired. Earlier on November 27, 2023, Medical Net agreed to acquire additional 56.4% stake in MiRTeL Co., Ltd from Toshiya Kato, Hidetoshi Tahara, Naoki Tomokami, Eiji Tahara and Yoshino Tahara on November 27, 2023. Following both transactions, Medical Net holds 71.1% stake in MiRTeL. Both the transaction is expected to complete on January 5, 2024.

Medical Net, Inc. (TSE:3645) completed the acquisition of additional 12.1% of the shares of MiRTeL Co., Ltd from HC No. 8 Fund and High-Value C 1st Fund managed by Hiroshima Venture Capital Co., Ltd., Furusato Renkei Ouen Fund managed by Hiroshima Innovation Network Inc., Will Group Fund Investment Limited Partnership managed by Future Venture Capital Co., Ltd. and 4 others on January 5, 2024.