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Valuedesign adjusts plan on establishment of JVs with T-Gaia


Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Valuedesign Inc <3960.T> ::Says it revises details in plan regarding establishment of JVs with T-Gaia, which was disclosed on July 20.Co and T-Gaia plans to set up JV Valuedesign Singapore Pte Ltd with registered capital worth 37 million yen, instead of 60 million yen previously.Co and T-Gaia plans to set up JV Valuedesign (Malaysia) Sdn Bhd with registered capital worth 14 million yen, instead of 60 million yen previously.Co and T-Gaia will hold 75 percent stake and 25 percent stake respectively in two JVs. 

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