Shanghai Lujiazui Property Management Co., Ltd. agreed to acquire 35% stake in Shanghai Lujiazui B.Stem Real Estate Management Co., Ltd from Harima B-Stem Corp. (JASDAQ:9780) for CNY 6.3 million on February 24, 2016. The transaction was resolved by the Board of Harima B-Stem Corp.

A contract is expected to be concluded on February 29, 2016 and the transaction is expected to complete in April 2016.