Yukihiro Ochiai, Director and President of Sunbuild Corporation entered into share transfer contract to acquire 33% stake in Sunbuild Corporation from Kudo Corporation (TSE:1764) for ¥60 million on June 26, 2013. Kudo Corporation will sell its entire stake comprised 0.03 million shares. Board of Directors of Kudo Corporation made a resolution in favor of the transaction on June 26, 2013. The transaction is expected to close on June 27, 2013.

Yukihiro Ochiai, Director and President of Sunbuild Corporation cancelled the acquisition of 33% stake in Sunbuild Corporation from Kudo Corporation (TSE:1764) on June 26, 2014.