Fuhua Japan Co., Ltd entered into a share transfer agreement to acquire 14.58% stake in GEONEXT Corporation (JASDAQ:3777) from Resort & Medical Co., Ltd on May 17, 2018. Under the terms, Fuhua Japan Co., Ltd will acquire 18.1 million shares of GEONEXT Corporation. Post acquisition, Resort & Medical Co., Ltd will not hold any shares in GEONEXT Corporation. The transaction is expected to be completed on June 20, 2018. Fuhua Japan Co., Ltd completed the acquisition of 14.58% stake in GEONEXT Corporation (JASDAQ:3777) from Resort & Medical Co., Ltd on July 12, 2018.