The Australian share registry group, Computershare, has finally nailed the Japanese market announcing a three-year joint venture with UFJ Trust Bank. The deal fills a vital hole in Computershare's regional expansion programme, rounding out its Asian business which already covers Singapore, Hong Kong, India and, to a lesser extent, the Philippines and Korea.
The 5050 joint venture signed with UFJ will come into effect in October this year, following UFJ's mega-merger with Mitsubishi Trust and Banking Corporation.
The entity will provide investor relations and cross border transaction support services to Japanese issuers. It may also offer equity-based employee incentive scheme administration. These services that will...