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Furukawa Battery Co Ltd to establish Indonesia-based joint ventures


Monday, 25 Nov 2013 01:00am EST 

Furukawa Battery Co Ltd:Says it will establish two joint ventures in Indonesia with PT. CENTRAL SOLE AGENCY in December 2013.Says the two joint ventures named PT. FURUKAWA INDOMOBIL BATTERY MANUFACTURING and PT. CENTRAL SOLE AGENCY respectively.Says PT. FURUKAWA INDOMOBIL BATTERY MANUFACTURING engaged in the manufacturing of automotive lead-acid battery, and PT. FURUKAWA INDOMOBIL BATTERY SALES engaged in the sale of products of PT. FURUKAWA INDOMOBIL BATTERY MANUFACTURING.Says Furukawa Battery hold a 51 pct and 49 pct stake in PT. FURUKAWA INDOMOBIL BATTERY MANUFACTURING respectively, and PT. CENTRAL SOLE AGENCY hold a 49 pct and 51 pct stake in PT. FURUKAWA INDOMOBIL BATTERY SALES respectively. 

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707.0
3.0 +0.43%
18 Apr 2014