Yabo Wang agreed to acquire 60% stake in Monstarlab Technology (Chengdu) Co., Ltd. from Monstar Lab, Inc. (TSE:5255) for ¥0 million on December 20, 2023. For period ended December 2022, Monstarlab Technology reported total assets of ¥187 million, net assets of ¥120 million, sales of ¥103 million, operating loss of ¥61 million and net loss of ¥54 million. The transaction is expected to complete on December 21, 2023.