Agreement Concluded for Mitsubishi Power to be Integrated into MHI
TOKYO, Jul 30, 2021 – (JCN Newswire via SEAPRWire.com) – As announced on May 10, Mitsubishi Heavy Industries, Ltd. (MHI) reached an agreement under which Mitsubishi Power, Ltd. will be integrated into MHI. An absorption-type split agreement to integrate the two companies’ business operations has now been concluded, whereby the business operations and employees of... » read more
Mitsubishi Power Achieves #1 Market Share Globally in the First Quarter of 2021 According to McCoy Power Report
YOKOHAMA, Japan, May 13, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, captured the top market share by megawatts in the first quarter of 2021 with a global gas turbine market share of 29.0% according to McCoy Power Reports data.* The company also secured 40.8% share... » read more
Court strips sibling’s power granted under LPA
A woman succeeded in a court appeal to oust her older sister, who meddled with their mentally incapacitated father’s business, from jointly and severally managing his property and affairs. This is believed to be the first such reported case under the Mental Capacity Act (MCA) – which was introduced in 2008 – of a co-donee... » read more