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Uacj (5741) · InitiativeAchieved

Dissolution of the joint venture through the transfer of all shares in PT. UACJ-Indal Aluminum

First written in FY2021-Q3. 1 of 1 entries say "Achieved", first in FY2021-Q3. Latest entry: FY2021-Q3.

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Transfer of all PT.UACJ-Indal Aluminum shares and dissolution of the joint ventureA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

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  1. FY2021-Q3AchievedAnnual report

    「The Company resolved to transfer all shares in its consolidated subsidiary PT.UACJ-Indal Aluminum to PT. Indal Investindo, signed a share transfer agreement dated 31 March 2020, and completed the transfer on 23 December 2020.」

    The transfer of all shares in PT.UACJ-Indal Aluminum, a manufacturing and sales base for extruded products for automotive heat exchangers, and the dissolution of the joint venture were completed on 23 December 2020. This was a specific example of the completion of business restructuring, a priority measure under structural reform.
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Dissolution of the joint venture through the transfer of all shares in PT. UACJ-Indal Aluminum | UACJ Corporation (5741) | Komori