RenetJapanGroup,Inc. (TSE:3556) signed an agreement to acquire Chamroeun Microfinance Limited from a group of sellers on February 13, 2018. Under the terms of the transaction, RenetJapanGroup,Inc. will acquire 0.12 million shares. Concurrently, RenetJapanGroup,Inc. will acquire 0.06 million shares by purchasing and exercising convertible bonds and 4,023 million new shares. Upon closing, the outstanding shares of Chamroeun Microfinance Limited will increase to 0.2 million shares and RenetJapanGroup,Inc. will hold 0.19 million shares representing 90% stake. For the year ended December 2017, Chamroeun Microfinance Limited reported total assets of ¥1.3 billion, net assets of ¥278.2 million, sales of ¥257.8 million, operating loss of ¥88.96 million, and net profit of ¥9.8 million. The transaction was resolved by the board of directors of RenetJapanGroup,Inc. on February 13, 2018. As of June 13, 2018, National Bank of Cambodia approved the deal. The transaction is expected to close in August 2018. RenetJapanGroup,Inc. (TSE:3556) cancelled the acquisition of Chamroeun Microfinance Limited from a group of sellers on February 13, 2019.