ISOC Holdings, Inc. entered into a share purchase agreement to acquire 67% stake in AG Finance Incorporated (PSE:AGF) from RYM Business Management Corporation for approximately PHP 380 million on November 27, 2017. As per the terms, ISOC Holdings will acquire 175.4 million shares at PHP 2.1662 per share. The transaction is subject to customary closing conditions including the conduct of a tender offer to the minority stockholders of AG Finance Incorporated and government approval. The transaction is expected to close on January 3, 2018. HDI Securities, Inc. acted as broker of ISOC Holdings, Inc. and RYM Business Management Corporation. Unicapital, Inc. acted as financial advisor to ISOC Holdings and will receive a fees of PHP 0.5 million. ISOC Holdings, Inc. completed the acquisition of 67% stake in AG Finance Incorporated (PSE:AGF) from RYM Business Management Corporation on January 4, 2018.