December 15, 2017 / 10:26 AM / in 9 months

BRIEF-GFA unit says business and capital alliance with Tokyo-based used car related firm

Dec 15 (Reuters) - GFA Co Ltd

* Says co’s unit GFA Capital plans to form business and capital alliance with a Tokyo-based used car related firm

* Through capital alliance, the Tokyo-based firm will issue new shares to unit via private placement in January 2018

* Through business alliance, two entities will cooperate on used car related business

Source text in Japanese: goo.gl/yeHe67

Further company coverage: (Beijing Headline News)

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