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BRIEF-Maxvalu Tokai to inject capital in Guangzhou-based unit to hold 73 pct stake up from 60 pct
April 14, 2017 / 6:33 AM / in 3 months

BRIEF-Maxvalu Tokai to inject capital in Guangzhou-based unit to hold 73 pct stake up from 60 pct

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April 14 (Reuters) - Maxvalu Tokai Co Ltd:

* Says it will inject 60 million yuan into a Guangzhou-based unit, which is engaged in food supermarket operation

* Says it will hold 73 percent stake in the unit, from 60 percent, after the capital injection

* Effective date in July 2017

Source text in Japanese: goo.gl/5ryWsc

Further company coverage:

Beijing Headline News

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