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Asahi increases stake in Indonesian subsidiary

Japan“s Asahi Glass Co. Ltd. (Asahi) has increased its stake in its Indonesian subsidiary PT Asahimas Flat Glass (AMFG) from 189.328 million to 189.719 million shares.
Asahi President Shinya Ishizu …

Japan“s Asahi Glass Co. Ltd. (Asahi) has increased its stake in its Indonesian subsidiary PT Asahimas Flat Glass (AMFG) from 189.328 million to 189.719 million shares. Asahi President Shinya Ishizu said in a report to the Capital Market Supervisory Board (Bapepam) in the last week of January that the company bought the additional shares from the Jakarta Stock Exchange at the beginning of the year. Ishizu said Asahi wanted to increase its investment in the country.

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