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Provider: Thomson Reuters Stock Report

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Toridoll corp to Establish Subsidiary in Hong Kong; Announces Organization Changes

Tuesday, 11 Sep 2012 02:00am EDT 

Toridoll corp announced that it has decided to establish a wholly owned holding company in Hong Kong, in the end of September 2012. After this, the Company's stake in three subsidiaries, Toridoll LLC, TORIDOLL AUSTRALIA PTY LIMITED and TORIDOLL KOREA CORPORATION will be transferred to the Hong Kong-based subsidiary. Additionally, a new subsidiary established by the Company on July 17, 2012, disclosed on July 2, 2012, will be funded by the Hong Kong-based subsidiary, instead of by the Company. 

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4.0 +0.39%
18 Apr 2014