Xie Liping agreed to acquire 6.7% stake in Sanwa Company RS Taiwan, Ltd. from Sanwa Company Ltd. (TSE:3187) for TWD 6.8 million on September 14, 2018. On September 20, 2018, a contract was concluded. As per the terms, Xie Liping will acquire 4000 shares in Sanwa Company RS. Post acquisition, Sanwa Company RS Taiwan, Ltd. will no longer be an affiliate of Sanwa Company. Xie Liping completed the acquisition of 26.7% stake in Sanwa Company RS Taiwan, Ltd. from Sanwa Company Ltd. (TSE:3187) on September 20, 2018.