Tenma Corporation completed the acquisition of PT. Hyuk Jin Indonesia from Hyukjin Co.,Ltd., KimYoungMoon and OhJhunTaek.
April 18, 2023
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Tenma Corporation (TSE:7958) entered into a share transfer agreement to acquire PT. Hyuk Jin Indonesia from Hyukjin Co.,Ltd., KimYoungMoon and OhJhunTaek on March 3, 2023. As part of transaction, Tenma Corporation will acquire 4000 shares. Tenma will acquire 1,310 shares from KimYoungMoon, 690 shares from HyukJinCo., Ltd. and 2000 shares from OhJhunTaek. The transaction is expected to complete on March 31, 2023.
Tenma Corporation (TSE:7958) completed the acquisition of PT. Hyuk Jin Indonesia from Hyukjin Co.,Ltd., KimYoungMoon and OhJhunTaek on April 19, 2023.
TENMA CORPORATION is a Japan-based company primarily engaged in the manufacture and sale of synthetic resin products. The Company operates in three segments. The Japan segment involves in the manufacture and sale of home and industrial use synthetic resin products and molds, as well as the design and trial manufacture of industrial synthetic resin products in Japan. The China segment involves in the manufacture and sale of home and industrial use synthetic resin products in China. The Southeast Asia segment involves in the manufacture and sale of industrial use synthetic resin products and automotive related synthetic resin products in southeast markets. Its home use synthetic resin products include interior goods, bath items and toiletries, kitchenware, washing and cleaning supplies and others. Its industrial synthetic resin products include parts for office automation (OA) electronic equipment, consumer electronics parts, automotive exterior and interior parts and others.