April 23, Acknowledgement for the Current Situation on Group Lease PCL (Continuous Disclosure)

April 23, 2019

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

Acknowledgement for the Current Situation on Group Lease PCL
(Continuous Disclosure)

J Trust Co., Ltd., the parent of JTRUST ASIA PTE. LTD., published a press release “Acknowledgement for the Current Situation on Group Lease PCL (Continuous Disclosure)”. Please refer to the attachment.

April 23, 2019

April 23, 2019
J Trust Co., Ltd.
Securities code: 8508

Acknowledgement for the Current Situation on Group Lease PCL
(Continuous Disclosure)

  On April 22nd, Showa Holdings and Wedge Holdings issued a press release stating that JTrust executives had been indicted by the Cambodian Prosecutor. However, according to our investigation, this is not correct and we cannot find any grounds for such an assertion. We have also obtained confirmation of the same from a law firm in Cambodia. We will take decisive action including legal measures against both Showa and Wedge Holding to rectify the situation.

We will make further disclosure as soon as any further development occurs.

-End-

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