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Ryosan announces business transfer and sale of subsidiaries to Sankyo Tateyama

Tuesday, 25 Mar 2014 02:00am EDT 

Ryosan Co Ltd:To transfer heat sink business to a new wholly owned subsidiary, which will be established on Sep. 1, and sell all shares in the new subsidiary to Sankyo Tateyama Inc, on Sep. 1.To sell shares in a China-based subsidiary Ryosan Electronics (Foshan) Co., Ltd. and a Thailand-based subsidiary Ryosan Engineering (Thailand) Co., Ltd. to Sankyo Tateyama, on Sep. 1.Transaction price was not disclosed. 

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