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BRIEF-Daito Trust Construction plans restructuring
October 6, 2016 / 5:56 AM / in 10 months

BRIEF-Daito Trust Construction plans restructuring

1 Min Read

Oct 6 (Reuters) - Daito Trust Construction Co Ltd :

* Says the co plans to transfer part of its real estate brokerage business to its wholly owned unit Daito Building Management Co Ltd

* Says the co plans to set up new wholly owned unit in Tokyo to take over its building leasing business and to hold overseas units' stock

* Says restructuring effective date on May 1, 2017

Source text in Japanese:goo.gl/67eaPz

Further company coverage: (Beijing Headline News)

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