STG Co., Ltd. (TSE:5858) agreed to acquire STX PRECISION (JB) SDN. BHD from STX PRECISION CORPORATION SDN. BHD. for approximately ¥650 million on March 26, 2021. STG Co will incur ¥110 million as advisory expenses. The transaction will be funded with borrow funds of ¥800 million. Transaction was approved by Board of Directors of STG Co. Transaction is expected to complete by March 31, 2021.