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SHOWA CORP to Establish China-based Joint Venture

Wednesday, 30 Jan 2013 01:00am EST 

SHOWA CORP announced that it has decided to establish a China-based joint venture SHOWA AUTOPARTS WUHAN CO., LTD., which will be engaged in the manufacture and sale of propeller shaft, with a China-based company in June 2013. The investment in the joint venture will be RMB 42 million, the Company and the China-based company will each hold a 75% and 25% stake in the joint venture. 

Company Quote

1.0 +0.09%
26 Dec 2014