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KYOKUTO KAIHATSU KOGYO to joint venture in Thailand

Wednesday, 16 Apr 2014 09:00pm EDT 

KYOKUTO KAIHATSU KOGYO CO LTD:To set up a joint venture TREX THAIRUNG CO., LTD in April in Thailand with Nippon Trex Co., Ltd, which is a subsidiary of the company, THAI RUNG UNION CAR PUBLIC and MITSIAM INTERNATIONAL.Joint venture to engage in manufacturing and sales of wing van, 10-door van and dump truck.To hold 15 pct stake in joint venture.Nippon Trex, RUNG UNION CAR PUBLIC and MITSIAM INTERNATIONAL to hold 30 pct stake, 40 pct stake and 15 pct stake in joint venture respectively. 

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24.0 +1.73%
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