Acquisition of Dan Kaffe (Malaysia) SDN BHD
Acquisition of Dan Kaffe (Malaysia) SDN BHD
Please be informed that Takasago International Corporation together with Mitsubishi Corporation have acquired Dan Kaffe (Malaysia) SDN BHD who specialized in manufacturing Coffee Extract and Spray Dried Coffee.
1. Purpose of Acquisition
Takasago group concluded the technical partnerships on the coffee extracts in 1999, and since then we have been importing Dan Kaffe's products.
Takasago group expects the expansion of business in the new booming coffee market in China and other Asian countries.
2. Conspectus
3. Expected Influences
Takasago International Corporation would not present any amendment of budget at the end of the fiscal year March 31st, 2008, regarding this acquisition subject.
Please be informed that Takasago International Corporation together with Mitsubishi Corporation have acquired Dan Kaffe (Malaysia) SDN BHD who specialized in manufacturing Coffee Extract and Spray Dried Coffee.
1. Purpose of Acquisition
Takasago group concluded the technical partnerships on the coffee extracts in 1999, and since then we have been importing Dan Kaffe's products.
Takasago group expects the expansion of business in the new booming coffee market in China and other Asian countries.
2. Conspectus
| Trade Name | Dan Kaffe (Malaysia) SDN BHD |
| Representative | Ken Ong Khay Eng (Mr.) / CEO |
| Address | No.7, Jalan Angkasa Mas 6, Kawasan Perindustian Tebrau 2, Mukim Tebrau, 81100 Johor Bahru, Johor, Malaysia |
| Established | April, 1993 |
| Company Activities | Sales / Manufacturing Coffee Extract and Spray Dried Coffee |
| Capital | RM 24,625,000 (Malaysian Ringgit) |
| End of Fiscal Year | December 31st. |
| Shareholders | Takasago International Corporation 49% Takasago International (Singapore) Pte. Ltd (*) 21% Mitsubishi Corporation 30% (* Shareholder=Takasago International Corporation 100%) (* An affiliate company in Singapore) |
3. Expected Influences
Takasago International Corporation would not present any amendment of budget at the end of the fiscal year March 31st, 2008, regarding this acquisition subject.