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Showa HD acquired a subsidiary in Malaysia and changed the name of the acquired company


2009.12. 3 | Showa Holdings
On November 30, Showa Holdings Co., Ltd. (Showa HD), a member company of Asia Partnership Fund (APF) Group, made an announcement regarding an acquisition of Toyo Rubber(Malaysia)Sdn. Bhd. announced on October 13, 2009. Now the share transfer is complete and the acquired company's name was changed to Showa Rubber (Malaysia) Sdn. Bhd. (SRM). SRM is now officially a member of Showa HD Group.

The acquisition of SRM is a part of Showa HD Group's medium- to long-term plan. It is expected to be an expansion base into Asia and overseas in the future.

For more information, please see the news release below. (Japanese)
http://www.showa-holdings.co.jp/company/news/news20091130.pdf

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