Sun Green Co., Ltd. agreed to acquire Shin Kagihara Country Club from A.C HOLDINGS Co.,Ltd. (JASDAQ:1783) for approximately ¥650 million on December 20, 2013. The transaction was resolved by Board of Directors of A.C HOLDINGS on December 20, 2013. The signing of the agreement and transaction completion is expected to take place on December 21, 2013.

Sun Green Co., Ltd. cancelled the acquisition of Shin Kagihara Country Club from A.C HOLDINGS Co.,Ltd. (JASDAQ:1783) on December 20, 2014.