Geo Holdings, L.P. and Green Holdings, L.P. agreed to acquire 100% of stake in Kokusai Kogyo Co., Ltd. and 65% of stake in JAG Energy Co., Ltd. from Japan Asia Group Limited (TSE:3751) on August 2, 2021. Geo Holdings, L.P. agreed to acquire 38,157,103 shares from Kokusai Kogyo for ¥23,427 million. Green Holdings, L.P. agreed to acquire 1,950 shares from JAG Energy for 22425 million. Kokusai Kogyo and JAG Energy combinedly have a sales of ¥46,734 million, Total assets of ¥69,166 million, EBIT of ¥2,264 million, Net income of ¥1,518 million and Total Common Equity of ¥31,300 million in March, 2021. The deal has been approved by the Board of Japan Asia Group and subject to approval of shareholders of the same. Geo Holdings, L.P. and Green Holdings, L.P. completed the acquisition of 100% of stake in Kokusai Kogyo Co., Ltd. and 65% of stake in JAG Energy Co., Ltd. from Japan Asia Group Limited (TSE:3751) on September 7, 2021. As of August 31, 2021, the transaction has been approved by shareholders of JAG Energy. As for JAG Energy, on or after the 5th business day from today, JAG Energy will acquire its own shares from JAG, and Green Holdings, L.P. will acquire additional shares of JAG Energy from JAG.As a result, Green Holdings, L.P. will own all the outstanding shares of JAG Energy.