Mitsubishi UFJ Financial Group, Inc. The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Completion of 19.9% Investment in PT Bank Danamon Indonesia, Tbk. ("Step 1")
Japan, December 29, 2017---Mitsubishi UFJ Financial Group, Inc.'s commercial banking entity The Bank of Tokyo-Mitsubishi UFJ, Ltd. ("MUFG") announced today that it has completed Step 1, the acquisition of 19.9% of the total issued shares outstanding of PT Bank Danamon Indonesia, Tbk. ("Danamon"), a leading and prominent commercial bank in Indonesia. This step is the first of the strategic investment as announced by MUFG on December 26, 2017.
Please refer to the announcement on December 26, 2017 "Japan's largest financial group MUFG to make a strategic investment in Indonesia's Bank Danamon" for the details regarding this transaction.
Outline of the Investment
(1) Number of shares acquired
(2) Investment portion
(3) Acquisition Price
(4) Total acquisition amount
1 1USD=13,562IDR
:1,907,344,030 :19.9% of Danamon's issued shares outstanding :IDR 8323 per share (US$0.61)1
:IDR 15.875 trillion (US$1.171billion)1
For MUFG | For FFH |
Jenny Lim Head, Corporate Communications, Asia & Oceania Bank of Tokyo-Mitsubishi UFJ, Ltd DID: +65 6918-3842 Mobile: +65 8139 9632 Email:jenny_lim@sg.mufg.jp | Press contacts Fullerton Financial Holdingsenquiries@fullertonfinancial.com. |
Karl Ho Corporate Communications, Asia & Oceania Bank of Tokyo-Mitsubishi UFJ, Ltd DID: +65 6918 3841 Mobile: +65 9386 4956 Email:karl_ho@sg.mufg.jp |
Mitsubishi UFJ Financial Group Inc. published this content on 29 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 December 2017 06:34:09 UTC.
Original documenthttp://www.mufg.jp/english/vcms_lf/news/pressrelease-20171229-001-e.pdf
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