TOKYO, Dec 1, 2010 - (ACN Newswire) - With the goal of information sharing and M&A vitalization between Sino-Japanese companies, SBI Holdings, Inc. (SBIH) and its venture capital arm, SBI Investment Co., Ltd. (SBII), have established 'China Japan M&A Club' ('CJMAC') as the Japan branch of China Mergers & Acquisitions Association (in Beijing, 'CMAA'), established and operated with the intent of the contribution to the further development of M&A in China.
CMAA is an organization that was established in 2004, and has more than 14,000 corporate members who conduct M&A related businesses in China. CMAA contributes to the further development of M&A between Chinese domestic companies, by providing the opportunities to share M&A-related information between its members. In particular, CMAA operates the largest Internet portal for M&A business in China (URL: http://www.mergers-china.com ), that mainly targets information sharing between its members, publishes reports such as 'China M&A Yearbook' and 'China Industrial Map,' and holds the 'China M&A Annual Conference' with the full support of the Chinese government.
In tandem with CMAA, CJMAC, established as the Japan Branch of JMAA, will endeavor to provide beneficial opportunities to share information between Chinese and Japanese companies. Also, by utilizing CMAA's networks in China, the development of Sino-Japanese M&A businesses through the SBI Group companies such as SBII and SBI SECURITIES Co., Ltd, will be sought.
Outline of China Japan M&A Club
Establishment: November 2010
Business: Surveys and research about corporate merger acquisition,
sale between Japanese and Chinese domestic companies.
Board members: Board chairperson Yoshitaka Kitao
(Representative Director and CEO of SBIH)
Board Takashi Nakagawa
(Representative Director and COO of SBII)
Board Makoto Miyazaki
(Executive Officer (chief delegate of Beijing office)
of SBIH)
Capital: 20 million yen
Additionally, these three board members of the Japan branch have been appointed to the board of CMAA, and Yoshitaka Kitao is going to take an oath of office as board chairperson of CMAA.
Contact:
SBI Holdings, Inc.
Corporate Communications Dept
Tel: +81 3 6229 0126
Topic: Establishment of New Branch
Source: SBI Holdings
Sectors: Daily Finance, Daily News
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