As Mitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo, President and CEO: Kenichi Hori) announced in the release “Investment in Shrimp Farming Business in Ecuador”, it decided to invest in Industrial Pesquera Santa Priscila (“IPSP”, based in Ecuador) through a holding company (based in Singapore) owned by IPSP’s founders.
Yesterday, as discussions with relevant parties have concluded, Mitsui hereby announces the following.
- The name of the holding company based in Singapore is “IPSP Oriental Holding Company Pte. Ltd.”
- Mitsui’s equity share in the holding company will be 20%.