Plus Seven Pte. Ltd. agreed to acquire 5% stake in Yoshitake Inc. from Tetsu Yamada.

Yoshitake Inc. is a Japan-based company mainly engaged in the manufacture and sale of automatic regulating valves. The Company operates in two regional segments including Japan and Southeast Asia. The Company is mainly engaged in the production and sale of automatic regulators mainly in Japan, Thailand and the United States. The Company is engaged in the manufacture of valves to control the fluid flowing in pipes. The products are used mainly in factories, plants, buildings, public facilities and machinery. In addition, the Company is also engaged in the provision of solutions after considering the customer's purpose and environment of use.