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Kokusan Denki Co Ltd to establish subsidiary

Thursday, 28 Nov 2013 01:00am EST 

Kokusan Denki Co Ltd:Says it will establish a Thailand-based subsidiary Kokusan MAHLE Siam Co., Ltd., in Apr. 2014.Says the subsidiary will be engaged in the manufacturing and sale of electrical components and motor.Says the company will hold a 51 pct stake and MAHLE will hold a 49 pct stake in the subsidiary. 

Company Quote

4.0 +1.57%
10:27pm EDT