Mitsubishi Corporation

Surbana Jurong, Mitsubishi and Sinarmas Land to jointly develop Jakarta transport complex - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Surbana Jurong, Mitsubishi and Sinarmas Land to jointly develop Jakarta transport complex

The companies will collaborate on a new transit-oriented development in Bumi Serpong Damai City.

Investing strategies

Buffett bets US$6 billion on Japanese trading firms

Berkshire acquired the stakes of about 5% in Itochu Corp., Marubeni Corp., Mitsubishi Corp., Mitsui & Co. and Sumitomo Corp. over the past twelve months.

Company in the news

Mitsubishi to shut Singapore oil-trading unit after unauthorised losses

SINGAPORE (Nov 7): Mitsubishi Corp, Japan’s biggest trading group, said on Wednesday it would shut its Singapore-based crude oil and fuel trading unit after revelations in September that a trader there racked up enormous unauthorised trading losses.

Management & Corporate Governance

Mitsubishi Corp unit in Singapore sees US$320 mil loss on rogue oil trades

SINGAPORE (Sept 20): Mitsubishi Corp unit Petro-Diamond Singapore expects to book a loss of about US$320 million ($440 million) from unauthorised oil trades, the parent company said in a statement.

Yoma Strategic enters into shareholders’ agreement for Yangon landmark development

SINGAPORE (July 12): Yoma Strategic Holdings, together with its wholly-owned subsidiary Yoma Strategic Investments (YSIL), has entered into an agreement with Mitsubishi Corporation and Mitsubishi Estate; First Myanmar Investment (FMI); and the Internation
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