Sinotrans Eastern Company Limited agreed to acquire 10% stake in Shanghai Wai-Hong Yishida International Logistics Co., Ltd. from Tradia Corp. (TSE:9365) for ¥100 million on May 22, 2015. The transaction is subject to approval from Chinese authorities. The transaction was resolved by Board of Directors’ meeting of Tradia Corp. on May 22, 2015. The share transfer contract conclusion date and transfer effective date is planned in about mid-June, 2015. Sinotrans Eastern Company Limited cancelled the acquisition of 10% stake in Shanghai Wai-Hong Yishida International Logistics Co., Ltd. from Tradia Corp. (TSE:9365) on May 22, 2016.