Nihon Yamamura Glass Co., Ltd. acquired 51% stake in PT San Miguel Yamamura Utama Indoplas Ltd. from San Miguel Yamamura Packaging International Limited.
August 01, 2012 at 12:00 am EDT
Nihon Yamamura Glass Co., Ltd. (TSE:5210) entered into a non-binding memorandum of understanding to acquire 51% stake in PT San Miguel Yamamura Utama Indoplas Ltd. from San Miguel Yamamura Packaging International Limited in 2011. As on December 2, 2011, the Board of Directors of San Miguel Yamamura Utama Indoplas unanimously accepted and approved the share sale transaction.
Nihon Yamamura Glass Co., Ltd. (TSE:5210) completed the acquisition of 51% stake in PT San Miguel Yamamura Utama Indoplas Ltd. from San Miguel Yamamura Packaging International Limited on January 31, 2012.