Arraya Worldwide, Inc., an investment holding company incorporated in British Virgin Islands, has agreed to acquire the entire share capital of Consco Investment Company Limited, a Hong Kong-based 80% shareholder of Tianjin International Building Co., Ltd. (TIBC), from Tianjin Development Company Limited (TDC), Stonehill Limited and Tian An (Tianjin) Investment Company Limited (TAIC) for approximately HKD870 million ($111.65 million).