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ARATA CORP Announces Details for Establishment of Joint Venture in Thailand

Tuesday, 15 Oct 2013 02:00am EDT 

ARATA CORP announced that it will establish a joint venture ARATA (THAILAND) CO.,LTD. with MHCB Consulting (Thailand) Co., Ltd. and Toyo Business Service Co., Ltd. in October 2013. The joint venture capitalized at THB 2 million will be engaged in wholesale business in Thailand. The Company will hold 49% stake, MHCB Consulting will hold 48% stake and Toyo Business Service will hold 3% stake in the joint venture. The Company previously announced that it will establish a company in Thailand on September 27, 2013, with few details provided. 

Company Quote

17 Dec 2014