Kanematsu Communications Limited agreed to acquire an additional 13.83% stake in Alpha Group Inc. (JASDAQ:3322) on May 26, 2015. As per the terms of the deal, Kanematsu Communications will acquire 0.4 million shares of Alpha Group. Post acquisition, Kanematsu Communications will hold 0.42 million shares in Alpha Group Inc. Kanematsu Communications Limited cancelled the acquisition of an additional 13.83% stake in Alpha Group Inc. (JASDAQ:3322) on May 26, 2016.