Mitsubishi Reclassifies Cermaq Holding and Cermaq Norway Holding as Non-Specified Subsidiaries

Reuters02-19
Mitsubishi Reclassifies Cermaq Holding and Cermaq Norway Holding as Non-Specified Subsidiaries

Mitsubishi Corporation said Cermaq Holding AS and Cermaq Norway Holding AS will no longer qualify as specified subsidiaries after a review of the investment structure reclassified part of the planned capital into other capital items. Post-review, Cermaq Holding AS’s capital was revised to NOK 81 million (about JPY 1.3 billion) from NOK 4,161 million, and Cermaq Norway Holding AS’s capital was revised to NOK 6 million (about JPY 0.1 billion) from NOK 2,615 million.

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