Smart Specialists Limited agreed to acquire 54.55% stake in LianDi Clean Technology, Inc. (OTCPK:LNDT) from SJ Asia Pacific Ltd. for ¥2.5 billion on May 22, 2015. Under the terms of the deal, 19.9 million shares of LianDi will be sold. The planned effective date of the transaction is June 29, 2015.

Smart Specialists Limited completed the acquisition of 54.55% stake in LianDi Clean Technology, Inc. (OTCPK:LNDT) from SJ Asia Pacific Ltd. on June 29, 2015.