MOL Logistics Becomes Wholly Owned Subsidiary of MOL

342

Mitsui O.S.K. Lines, Ltd. has announced that a consolidated subsidiary of MOL Group, MOL Logistics, Co., Ltd., acquired its issued shares held by its shareholders, and became a wholly owned subsidiary of MOL as of November 7, 2022.

MOL aims to strengthen group management by consolidating the group’s management resources in a more robust manner. It strives to sustainably increase corporate value of MLG by not only strengthening its business but also generating synergistic effects.

Did you subscribe to our Newsletter?

It’s Free! Click here to Subscribe.

Source: MOL