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As-me ESTELLE CO., LTD. Establishes New Joint Venture with Kuwayama Corporation and Japan-based Company


Tuesday, 1 May 2012 02:30am EDT 

As-me ESTELLE CO., LTD. announced that it has established a new joint venture, ESTELLE (Hangzhou) CO.,LTD., which is engaged in the retail of jewelry goods in Hangzhou, China, with Kuwayama Corporation and another Japan-based company, in April 2012. ESTELLE (Hangzhou) is capitalized at JPY 250 million, and the Company, Kuwayama Corporation and another Japan-based company holds 80%, 10% and 10% stakes in ESTELLE (Hangzhou), respectively. 

Company Quote

1076.0
-85.0 -7.32%
24 May 2013