Naigai Trans Line Limited (TSE:9384) agreed to acquire GTC-Asia (Myanmar) Company Limited from GTC Asia Corporation on July 28, 2017. Naigai Trans Line Limited will acquire 500 shares. The expected contract conclusion date is July 31, 2017. Naigai Trans Line Limited will operate GTC-Asia (Myanmar) Company Limited as wholly owned subsidiary. GTC-Asia (Myanmar) Company Limited will change its name to NTL Naigai Trans Line (Myanmar) Co., Ltd. During the year ended March 2017, GTC-Asia (Myanmar) Company Limited had net liabilities of $0.02 million, total assets of $0.002 million, sales of $0.006 million, and operating loss of $0.006 million. Board of Directors of Naigai Trans Line Limited made a resolution in favor of the transaction on July 28, 2017. The share transfer date is August 1, 2017. The expected completion date is late September 2017.