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Sotetsu Holdings Inc announces business reorganization

Friday, 31 Jan 2014 12:00am EST 

Sotetsu Holdings Inc:Says its wholly owned subsidiary SOTETSU REAL ESTATE SALES Co., Ltd. will transfer housing sales business to another wholly owned subsidiary (subsidiary A) of the company, effective Apr. 1.Says subsidiary A will transfer its 100 pct stake in a condominium management company SOTETSU LIVING SUPPORT Co., Ltd. to the company as dividend, effective Feb. 28. 

Company Quote

-13.0 -2.21%
9:23pm EDT