Brim LTD (ICSE:BRIM) agreed to acquire Icelandic Japan KK, Icelandic Hong Kong Ltd and Icelandic China Trading Co. Ltd. for $36.4 million on August 15, 2019. Brim will issue 133.8 million shares in consideration. The sales agreement is conditional on the approval of both Boards of Directors. Transaction was approved by shareholder of Brim on August 15, 2019. Brim LTD (ICSE:BRIM) cancelled the acquisition of Icelandic Japan KK, Icelandic Hong Kong Ltd and Icelandic China Trading Co. Ltd. on August 15, 2020.