Mitsubishi Logistics Corporation (TSE:9301) acquired a 13.63% stake in Indo Trans Logistics Corporation from Templeton Strategic Emerging Markets Fund IV, managed by Templeton Asset Management Ltd. on August 9, 2022. Mark Webster and Huong Trinh of BDA Partners Pte Ltd acted as financial advisor to Templeton Asset Management Ltd.

Mitsubishi Logistics Corporation (TSE:9301) completed the acquisition of a 13.63% stake in Indo Trans Logistics Corporation from Templeton Strategic Emerging Markets Fund IV, managed by Templeton Asset Management Ltd. on August 9, 2022.