Sale 49% of JAL card stock to Mitsubishi UFJ

Oita Godo Newspaper (page 2 of the evening edition on April 19, 2008) 

         During the management of reconstruct aviation in Japan, it will sale one part of group company’s JAL card stock (Tokyo) in nearly future to Mitsubishi UFJ financial group on 19th. The sale is Nikkou (Japan’s plane firm) maintain the managed authority continuously by 49% of stock. It indicates that the amount of sale is 500 hundred million before and after and during May, it will execute the final mutual agreement as well. As Nikkou concentrates on the work about transport aviation that is its main occupation, the group stock companies and possessed stock firms’ asset sale are proceeding. About JAL card, it will not only gain the Mitsubishi UFJ’s investment but also, increase the mileage service until now. Moreover, it will examine the function cash’s approve and additionally, aim at improvement of credit card’s suitable use.

Comment:    In my opinion, this article is significant thing in Japan because it is related to the big company and Japan’s stock. It will attract many readers as they want to know the final decision of it during May. I am also one of the readers who is interested in it very much.

PUNTHUCHAT Siripun

Thailand

APS3, Ritsumeikan Asia Pacific University