MOL Establish Its Subsidiary MOL (Peru) S.A.C
| April 25, 2012 |
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| MOL Establish Its Subsidiary MOL (Peru) S.A.C |
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TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that the company established a subsidiary, MOL (Peru) S.A.C., in Peru. The country was chosen because it shows more stable growth than other South American nations. With the new subsidiary, MOL will consolidate its business structure and further expand north-south containership routes to further improve customer services.
<Outline of New Company>
| Name |
: |
MOL (PERU) S.A.C. |
| Location |
: |
Lima (capital of Peru) |
| Business start |
: |
May 2, 2012 |
| Paid-in capital |
: |
US$470,000 |
| Shareholders |
: |
Wholly owned by MOL |
| Business |
: |
MOL liner shipping agency in Peru |
| Representative |
: |
Jean Pierre Thorin Brauer (General Manager) |
| No. of employees |
: |
19 |
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