Globalway,Inc. entered into letter of intent to acquire 30% stake in CODE2LAB.PTE.LTD. from Maung Min Zeya Phyo for SGD 0.69 million.

Globalway,Inc. is a Japan-based company mainly engaged in social Web media business and business Web application business. The Company operates two business segments. The Social Web Media Business segment provides workplace media service, which engages in the operation of Internet information site to provide job Information and news articles based on mouth information, and recruiting service, which engages in providing the job applicants introductions to jobs companies. Business Web Applications Business segment engages in cloud area system introducing and software products development.