Tsang Chi Hin entered into an agreement to acquire Plurecil Holdings Limited from Fasteps Co., Ltd. (TSE:2338) for ¥50 million on March 23, 2018. For the period ended June 2017, Plurecil Holdings Limited reported net assets of HKD 1.9 million (¥25.1 million), total assets of HKD 4.96 million (¥66.7 million), sales of HKD 7.8 million (¥104.6 million), operating income of HKD 1.1 million (¥14.8 million), and net income of HKD 0.85 million (¥11.4 million). The transaction was resolved by the Board of Directors of Fasteps Co., Ltd. on March 23, 2018. The transaction is expected to close on April 15, 2018. Tsang Chi Hin cancelled the acquisition of Plurecil Holdings Limited from Fasteps Co., Ltd. (TSE:2338) on March 23, 2019.