FT Communications Co., Ltd. (JASDAQ:2763) agreed to acquire 70% stake in Newtech Co. Ltd. from an individual on December 20, 2013. Under the terms of agreement, FT Communications Co., Ltd. will acquire 770 shares in Newtech Co. Ltd. The deal is expected to be completed by December 24, 2013.

FT Communications Co., Ltd. (JASDAQ:2763) cancelled the acquisition of 70% stake in Newtech Co. Ltd. from an individual on December 20, 2014.