October 6, 2017 / 5:17 AM / 12 days ago

BRIEF-I K unit to set up cosmetics JV in Shanghai

Oct 6 (Reuters) - I K Co Ltd

* Says co’s unit I.K Trading Company Limited will set up a Shanghai-based JV in middle November

* Says the JV will be capitalized at $500,000 (about 56 million yen)

* Says the JV will be mainly engaged in sales of cosmetics

Source text in Japanese: goo.gl/r4CYQf

Further company coverage: (Beijing Headline News)

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