Ding Guangzhen agreed to acquire 7.76% stake in MALL OF TV Corporation from J Escom Holdings, Inc. (JASDAQ:3779) for ¥24.2 million on October 26, 2015. J Escom Holdings, Inc. will sell 3,100 shares of MALL OF TV Corporation. On completion, J Escom Holdings, Inc. will hold 5,961 shares of MALL OF TV Corporation representing 14.92% stake. MALL OF TV Corporation reported total assets of ¥599.64 million, net assets of ¥297.34 million, sales of ¥687.4 million, operating loss of ¥111.09 million and net loss of ¥161.01 million for the period ending March 2015. The transaction was resolved by the Board of J Escom Holdings. The transaction is expected to complete on October 28, 2015. TM General Accounting Office acted as third party appraiser to J Escom Holdings, Inc. Ding Guangzhen cancelled the acquisition of 7.76% stake in MALL OF TV Corporation from J Escom Holdings, Inc. (JASDAQ:3779) on October 26, 2016.