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BRIEF-Daidoh says merger between units and to offer early-retirement program
July 4, 2017 / 7:53 AM / in 20 days

BRIEF-Daidoh says merger between units and to offer early-retirement program

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July 4 (Reuters) - Daidoh Ltd

* Says Dynacity will merge with NEWYORKER LTD and DAIDOH INTERNATIONAL LTD, effective Jan. 1, 2018

* Says NEWYORKER LTD and DAIDOH INTERNATIONAL LTD will be dissolved after the transaction

* Says it will offer an early-retirement program to employees of domestic corporation, who are above 50 years old as of Sept. 30

* Offering period from Aug. 21 to Sept. 1

* The company expects 30 employees to take the offer

* Says the employees who take up the offer will retire on Sept. 30

* The company will provide special retirement payment

Source text in Japanese:goo.gl/ehgyCE

Further company coverage: (Beijing Headline News)

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