Feedforce Group Inc. (TSE:7068) entered into a share transfer agreement to acquire 26.6% stake in Shippinno Corp from Hamee Corp. (TSE:3134) for approximately ¥180 million on October 14, 2021. Pursuant to the terms of the agreement, Feedforce Group Inc., shall acquire 42 shares in Shippinno Corp. As a result of the transaction, stake of Hamee Corp., in Shippinno Corp shall decrease from 36.7% to 26.6% representing 16 shares and Shippinno Corp shall be excluded from the affiliated companies accounted for by the equity method of Hamee Corp. The transaction has been resolved upon by the Board of Directors of Hamee Corp., on October 14, 2021. The transaction is expected to be executed on October 21, 2021.

Feedforce Group Inc. (TSE:7068) completed the acquisition of 26.6% stake in Shippinno Corp from Hamee Corp. (TSE:3134) in October, 2021.