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5998 — Advanex News Story

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Brief: Advanex to buy 78.2 pct stake in PT.Yamakou Indonesia for 391.1 mln yen

Dec 19 (Reuters) - Advanex Inc  5998.T  : 
     
    * Says co plans to acquire 78.21 percent stake in metal 
press and insert molding components maker PT.Yamakou Indonesia, 
in which co holds 14 percent stake directly, on Jan. 12, 2017 
    * Acquisition amount for 78.21 percent stake is 391.1 
million yen  
    * Says co will hold 100 percent stake in PT.Yamakou 
Indonesia jointly with wholly owned unit 
Advaenx(Singapore)Pte.Ltd.  
     
    Source text in Japanese: https://goo.gl/d7IpyB 
    Further company coverage: 5998.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))

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