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AVEX GROUP HOLDINGS INC Announces Reorganization

Monday, 30 Sep 2013 02:00am EDT 

AVEX GROUP HOLDINGS INC announced that it will establish a company Avex International Holdings Ltd. (AIH), which will be a holding company of a subsidiary Avex International Holdings Singapore Pte Ltd (ASG). The Company also will acquire stake in ASG and Avex Hawaii, Inc. from AIH and transfer stake in Avex Taiwan Inc. (ATW) and Avex Shanghai Co., Ltd. from AIH to ASG, on January 1, 2014. In addition, ATW will take over business from Avex Shanghai Co., Ltd. and Avex Hong Kong Ltd. on January 1, 2014. As a result, AIH and Avex Hong Kong Ltd. will be dissolved and Avex Shanghai Co., Ltd. will become a dormant company. 

Company Quote

-10.0 -0.51%
27 Feb 2015