SBI SECURITIES Co., Ltd. agreed to acquire 17.14% stake in The Daito Bank, Ltd. (TSE:8563) from Prospect Co., Ltd. (TSE:3528) on May 29, 2020. As part of the transaction, Prospect Co., Ltd. will sell 2.2 million shares and will own 0.22 million shares representing 1.72% stake post transaction.

SBI SECURITIES Co., Ltd. completed the acquisition of 17.14% stake in The Daito Bank, Ltd. (TSE:8563) from Prospect Co., Ltd. (TSE:3528) on May 29, 2020.