S.T. Corporation (TSE:4951) signed a basic agreement to acquire Kairo business from Mycoal Corporation on August 1, 2017. The agreement is expected to be signed on December 1, 2017 between the parties involved in the transaction. Board of Directors resolved the transaction on August 1, 2017. The transaction is expected to complete on April 1, 2019. The Board of Directors of S.T. Corporation declared to conclude the business transfer agreement and signed it on December 18, 2017.