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2 months ago
BRIEF-Nichirin to establish JV with Shanghai-based co
May 26, 2017 / 6:26 AM / 2 months ago

BRIEF-Nichirin to establish JV with Shanghai-based co

1 Min Read

May 26 (Reuters) - Nichirin Co Ltd

* Says it will establish JV in Jiangsu, China, with Shanghai-based co, which is engaged in investment and asset management, in December

* The JV will be engaged in manufacture and sales of motorcycle and automobile hose

* Says the co and Shanghai-based co will hold a 72 percent stake and a 28 percent stake in the JV respectively

Source text in Japanese:goo.gl/fw8gBc

Further company coverage: (Beijing Headline News)

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