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TATSUMI Corp to Establish Indonesia-based Joint Venture with MITSUBA Corp

Wednesday, 25 Sep 2013 06:45am EDT 

TATSUMI Corp announced that it will establish an Indonesia-based joint venture, PT. TATSUMI INDONESIA, which will e engaged in the manufacturing and sale of automobiles, motorcycle electrical components and brake components, with MITSUBA Corp, effective on October 25, 2013. The joint venture will be capitalized at USD 5,000,000, in which TATSUMI and MITSUBA Corp will each hold a 60% stake and 40% stake. 

Company Quote

-28.0 -1.57%
27 Aug 2014