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J Trust Co., Ltd.

J Trust Co., Ltd. provides a range of financial services in Japan, South Korea, and Southeast Asia. Its businesses include credit guarantees, consumer and business finance, debt collection, securities, credit cards, individual credit purchase mediation, banking, consulting, real estate, investment, rent guarantees, holding operations, and system development. The company was incorporated in 1977 and is headquartered in Tokyo, Japan.

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8508.JP

Showa Holdings Faces Corporate Reorganization Filing from Singapore Firm with 2.2 Billion Yen in Liabilities

Showa Holdings announced that J Trust Asia Private Limited, a Singapore-based company, has filed a petition with the Tokyo District Court to commence reorganization proceedings under the Corporate Reorganization Act, and a provisional administration order has been issued. Total liabilities amount to 2.2 billion yen. The company stated it will consider its response to the filing.
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