OTC:MSBHY

Mitsubishi Auto Leasing and Mitsubishi HC Capital Auto Lease Sign Merger Agreement

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金曜日, 2月 24, 2023

TOKYO, Feb 24, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC), Mitsubishi HC Capital Inc., Mitsubishi Auto Leasing Corporation and Mitsubishi HC Capital Auto Lease Corporation are pleased to announce the merger of Mitsubishi Auto Leasing and Mitsubishi HC Capital Auto Lease.

Key Points: 
  • TOKYO, Feb 24, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC), Mitsubishi HC Capital Inc., Mitsubishi Auto Leasing Corporation and Mitsubishi HC Capital Auto Lease Corporation are pleased to announce the merger of Mitsubishi Auto Leasing and Mitsubishi HC Capital Auto Lease.
  • The merger, which is scheduled to take place on April 1, 2023, has already been agreed to by respective parent entities MC and Mitsubishi HC Capital and contractually confirmed by Mitsubishi Auto Leasing and Mitsubishi HC Capital Auto Lease.
  • The newly merged entity shall retain the name Mitsubishi Auto Leasing, with MC and Mitsubishi HC Capital holding equal shareholder voting rights.
  • Both the original Mitsubishi Auto Leasing and Mitsubishi HC Capital Auto Lease have broad customer bases, experience and know-how, which this merger will fuse to create new synergies.

RWE, LOTTE CHEMICAL Corporation and Mitsubishi Corporation enter into a Joint Study Agreement to develop a clean ammonia project in Port of Corpus Christi in Texas, USA

Retrieved on: 
水曜日, 2月 8, 2023

Within this alliance, RWE, LOTTE and MC have now signed a Joint Study Agreement (JSA) to develop a large-scale integrated clean ammonia production and export project in Port of Corpus Christi, Texas, USA.

Key Points: 
  • Within this alliance, RWE, LOTTE and MC have now signed a Joint Study Agreement (JSA) to develop a large-scale integrated clean ammonia production and export project in Port of Corpus Christi, Texas, USA.
  • In the final build-out stage the project is envisaged to produce up to 10 million tons of clean ammonia per year.
  • The land required for the project is under discussion with the Port of Corpus Christi Authority.
  • This JSA complements other preliminary efforts to develop large-scale clean ammonia projects including the South Texas region.