SANWA HOLDINGS CORPORATION

Nishi-Shinjuku 2-1-1 Shinjuku-ku

Tokyo 163-0478, Japanhttp://www.sanwa-hldgs.co.jp/english/

October 31, 2018

Announcement of Share Acquisition in

PT SANWAMAS METAL INDUSTRY

Sanwa Holdings Corporation (hereinafter "Sanwa") is pleased to announce that Sanwa has increased its share from 18.88% to 51.02% in PT SANWAMAS METAL INDUSTRY (hereinafter "SANWAMAS"), company that manufactures and sells shutter.

Sanwa has business operations in Japan, USA, Europe, and Asia to become a global major player. In ASEAN region, Sanwa operates its invested companies in Vietnam, Thailand and Indonesia to cover the business within the region. SANWAMAS was established in 1996 for the purpose of expanding shutter business mainly in Indonesia.

Through the share acquisition this time, Sanwa will continue to accelerate its expansion of the business domain and further strengthen the operating foundations in the fast-growing ASEAN markets.

Company overview of SANWAMAS

Name

PT SANWAMAS METAL INDUSTRY

Date of establish

December 1996

Head Office

Jakarta, Indonesia

Business lines

Manufactures and sells shutters

Representative

Anthony Suhardjo

Capital

48,532 million Indonesian Rupiah

Employees

134 as of end of December 2017

Shareholder

Sanwa Holdings 51.02%

PT Esti Pura Kencana 48.98%

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Sanwa Holdings Corporation published this content on 31 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 October 2018 06:02:03 UTC