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