Dream Bridge Co.,Ltd. agreed to acquire 30% stake in Tokyo Koki Co. Ltd. (TSE:7719) from Asia Gate Holdings Co., Ltd. (JASDAQ:1783) on October 17, 2016. As per the terms of the deal, Asia Gate Holdings Co Ltd will sell 21.4 million shares of TOKYO KOKI CO LTD to Dream Bridge. Post-completion, Asia Gate Holding's stake in TOKYO KOKI will decrease to 8.4% form 38.4% stake. The deal is expected to close on October 17, 2016.

Dream Bridge Co.,Ltd. completed the acquisition of 30% stake in Tokyo Koki Co. Ltd. (TSE:7719) from Asia Gate Holdings Co., Ltd. (JASDAQ:1783) on October 17, 2016. Post completion, Dream Bridge Co.,Ltd. holds 30% stake in Tokyo Koki Co. Ltd. and Asia Gate Holdings Co., Ltd. (JASDAQ:1783) holds 8.38% stake.