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Isetan Mitsukoshi Holdings Ltd announces reorganization of commercial real estate business

Thursday, 30 Jan 2014 11:00pm EST 

Isetan Mitsukoshi Holdings Ltd:Says its wholly owned subsidiary ISETAN MITSUKOSHI BUILDING MANAGEMENT LTD. (IMBM) will take over Alta business of specialty building business from a subsidiary (subsidiary A) as well as all the assets and liabilities from another subsidiary (subsidiary B) of the company, effective Apr. 1.Says IMBM will be the surviving company and change its company name, while subsidiary B engaged in parking lot management business will be dissolved.