Takeshi Hashimoto, President & CEO, MOL today announced that a consolidated subsidiary of MOL Group, MOL Logistics, Co., Ltd. (MLG; President: Koichi Yashima; Headquarters: Chiyoda-ku, Tokyo), 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.
