Joint Venture on Retort Fish Sausages

On Monday, December 15, 2014, a Joint Venture Signing Ceremony was held in Surabaya between PT Sekar Bumi Tbk., Seinan Kaihatsu Co., Ltd., and Nomura Trading Co., Ltd.

Joint Venture Agreement was signed by Mr. Harry Lukmito from PT Sekar Bumi Tbk, Mr. Fukurose Hiroshi from Seinan Kaihatsu Co., Ltd., and Mr. Tabata Shuhei from Nomura Trading Co., Ltd.

According to the Agreement, 51% percent of the shares will be owned by PT Sekar Bumi, Tbk., 30% percent of the shares will be owned by Seinan Kaihatsu Company Ltd., and 19% percent of the shares will be owned by Nomura Trading Co., Ltd.

The cooperation between these companies is to establish manufacturing and sales of retort fish sausage products.

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