December 15, 2017 / 6:30 AM / a month ago

BRIEF-Matsumotokiyoshi Holdings plans JV in Taiwan for drugstore business

Dec 15 (Reuters) - Matsumotokiyoshi Holdings Co Ltd :

* Says it plans to set up a JV named as Matsumotokiyoshi (Taiwan) Limited in Taipei, with a Taiwan-based firm, in late-Jan. 2018

* JV will be mainly engaged in development and operation of drugstore business

* JV will be capitalized at T$50 million (190 million yen) and co will own a 51 percent stake in it

Source text in Japanese: goo.gl/8BqeCy

Further company coverage: (Beijing Headline News)

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