July 31, 2018 Acquisition of Shares of PT. OLYMPINDO MULTI FINANCE (Indonesia) by a consolidated subsidiary of J Trust Co., Ltd. (Continuous disclosure)

July 31, 2018

Company Name: JTRUST ASIA PTE.LTD.
Representative: Nobuyoshi Fujisawa, Managing Director, CEO
Contact: Shigeyoshi Asano, Director
Telephone: +65-6535-5152

Acquisition of Shares of PT. OLYMPINDO MULTI FINANCE (Indonesia) by a consolidated subsidiary of J Trust Co., Ltd.
(Continuous Disclosure)

J Trust Co., Ltd., the parent of JTRUST ASIA PTE. LTD., published a press release “Acquisition of Shares of PT. OLYMPINDO MULTI FINANCE (Indonesia) by a consolidated subsidiary of J Trust Co.,Ltd. (Continuous disclosure)”. Please refer to the attachment.

July 31, 2018

Company Name: J Trust Co., Ltd.
(Listed on Second Section of the Tokyo Stock Exchange, code 8508)
Representative: Nobuyoshi Fujisawa, President & CEO
Contact: Taiji Hitachi, Director and Executive Officer
Telephone: +81(3) 4330-9100

Acquisition of Shares of PT. OLYMPINDO MULTI FINANCE (Indonesia) by a consolidated subsidiary of J Trust Co., Ltd.
(Continuous Disclosure)

J Trust Co., Ltd. (hereinafter the “Company”) hereby announces today that J TRUST ASIA PTE. LTD(hereinafter, “JTA”), one of the Company’s consolidated subsidiary, has not yet acquired the shares because it has taken time to obtain approval from Indonesian Authorities regarding the acquisition of shares of PT. OLYMPINDO MULTI FINANCE (Indonesia) (hereinafter, “OMF”) or other related matters although the Company announced to acquire the shares on July 31, 2018 or the date on which the two parties agreed.
The Company announced on April 19, 2018 that it resolved JTA would acquire the shares from the owner, Mr. Ang Andi Bintoro and his families of PT. OLYMPINDO MULTI FINANCE (hereinafter “OMF” headquarter: Jakarta, Indonesia) and also would undertake private placements of their new shares.

JTA will aim to acquire the shares at the earliest based on an agreement concerning the following extension of the deadline to be newly concluded between the two parties. The Company will make further disclosure as soon as any further development occurs.

Schedule change
Date of Share Transfer and Third-Party Allocation of New Shares:
August 30, 2018 or the date on which the two parties agreed (TBC)

-End-

 PDF(75KB)

TOP MESSAGE

We have been going...

ABOUT J TRUST ASIA

J TRUST ASIA's info..