Japan Investment Adviser Co., Ltd. (TSE:7172) acquired 8.06% stake in INTERTRADE Co.,Ltd. (TSE:3747) from Takahiro Ozaki on December 20, 2016. Under the terms of the transaction, Japan Investment Adviser Co., Ltd. acquired 0.6 million shares of INTERTRADE Co.,Ltd. Post transaction, Takahiro Ozaki will hold 3.2% stake in INTERTRADE. The transaction is was resolved by the Board of Directors of Japan Investment Adviser Co., Ltd. The transaction is expected to complete on December 20, 2016.

Japan Investment Adviser Co., Ltd. (TSE:7172) completed the acquisition of 8.06% stake in INTERTRADE Co.,Ltd. (TSE:3747) from Takahiro Ozaki on December 20, 2016.