Just Water International Limited (NZSE:JWI) entered into a conditional agreement for sale and purchase to acquire additional 49% stake in HomeTech Ltd from Paul Allen Nielsen, Janet Mary Nielsen and Paul Nielsen for NZD 4.08 million on April 19, 2018. Post transaction Just Water International Limited will hold 100% stake in HomeTech Ltd. The transaction is subject to approval of shareholders and obtaining a waiver from NZX Limited. As of May 31, 2018, the waiver from NZX Limited was granted for the transaction. The transaction does not need shareholder approval. As of June 20, 2018, all the conditions are fulfilled. The transaction is expected to close on June 29, 2018. Just Water International Limited (NZSE:JWI) completed acquisition of 49% stake in HomeTech Ltd in June 2018.