AnyMind Pte. Ltd. agreed to acquire an unknown stake in Grove on December 20, 2019. The contract for the transaction is planned to be signed on December 24, 2019. As per the terms of transaction AnyMind Pte. Ltd. shall acquire 0.916 million shares equivalent to 51% stake through issuance of new shares through third party allotment and acquiring shares from its shareholders. AnyMind Pte. Ltd. entered into an agreement to acquire an unknown stake in Grove on January 7, 2020. The transaction is a part of Space Shower Networks Inc. strategy to form a capital and business alliance with AnyMind Pte. Ltd. Post completion Grove will become an affiliate company of Space Shower Networks Inc. and subsidiary of AnyMind Pte. Ltd. For the period ending March 31, 2019, total asset, net asset and revenue of Grove was ¥223 million, ¥22 million and ¥400 million respectively. AnyMind Pte. Ltd. completed the acquisition of an unknown stake in Grove in January 2020. Grove will join AnyMind Group’s various brands.