J Trust Co., Ltd. won the bid to acquire 74.16% stake in AJU Capital Co., Ltd. from AJU Corporation Co., Ltd.
November 05, 2014 at 11:00 pm
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J Trust Co., Ltd. (TSE:8508) won the bid to acquire 74.16% stake in AJU Capital Co., Ltd. (KOSE:A033660) from AJU Corporation Co., Ltd. on November 6, 2014. AJU Corporation selected J Trust as the priority bidder for the stake. Citigroup Global Markets Korea Securities Limited acted as the financial advisor for AJU Corporation.
J Trust Co Ltd is a Japan-based company mainly engaged in Japan finance business, Korea and Mongolia finance business, Southeast Asia finance business, real estate business, and investment business. The Company operates in five business segments. The Japan Finance segment consists of credit guarantee services, debt collection services, credit and consumer credit services, securities services, and other financial services. The Korea and Mongolia Financial segment consists of savings banking, debt collection, and financial services. The Southeast Asia Finance segment includes banking and debt collection services. The Real Estate segment consists of real estate development, subdivision, and sales of single-family houses, design and construction of detached houses, real estate leasing, and real estate rental management. The Investment segment consists of domestic and overseas investment operations. The Company is also engaged in system business.