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Neturen Co Ltd to Establish Joint Venture in Indonesia
Neturen Co Ltd announced that it has decided to establish an Indonesia-based joint venture called PT. NETUREN INDONESIA, which will be engaged in the manufacturing and sale of induction heating equipments, with an Indonesia-based company, in May 2013. The Company and the Indonesia-based company will each hold a 90% and a 10% stake in the joint venture, respectively. The joint venture will be capitalized at JPY 350 million and will start operation in January 2014.
Latest Developments for Neturen Co Ltd
- Neturen Co Ltd Announces Year-end Dividend Payment for FY 2013
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- Neturen Co Ltd to Establish New Subsidiary
- Neturen Co Ltd Lowers Consolidated Full-year Outlook for FY 2013; to Issue Mid-year Dividend and Lowers Year-end Dividend Forecast for FY 2013
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