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Valuedesign to establish Malaysia-based JV with T-Gaia


Thursday, 20 Jul 2017 

July 20 (Reuters) - Valuedesign Inc <3960.T>:Says co and T-Gaia Corporation <<<3738.T>>> plan to inject capital of 41 million yen and 15 million yen respectively into co's Singapore-based unit VALUEDESIGN SINGAPORE PTE. LTD. on Aug. 1, which is engaged in supply of prepaid card related systems .Says co and T-Gaia Corporation will hold a 75 percent stake and a 25 percent stake in this unit respectively .Says co and T-Gaia Corporation plan to establish a Malaysia-based joint venture on Aug. 1, which will be engaged in supply of prepaid card related systems .Says co and T-Gaia Corporation will inject capital of 45 million yen and 15 million yen into the joint venture respectively .Says co and T-Gaia Corporation will hold a 75 percent stake and a 25 percent stake in the joint venture respectively . 

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