China Security & Fire Co.,Ltd (SHSE:600654) agreed to acquire Impact Success Limited and United Premier International Limited from Guardforce Holdings (Thailand) Ltd. for THB 1.3 billion on March 18, 2016. In a related transaction, China Security & Fire also agreed to acquire Securecorp Pty Ltd, and two properties. The transaction will be financed from a private placement of proceeds of up to CNY 5.024 billion (THB 26.97 billion). The transaction has been approved by the Board and the shareholders of China Security & Fire. Currency conversion has been done using www.oanda.com as on March 18, 2016. China Security & Fire Co.,Ltd (SHSE:600654) completed the acquisition of Impact Success Limited and United Premier International Limited from Guardforce Holdings (Thailand) Ltd. on May 18, 2016.