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Daiwa Motor Transportation Co Ltd Announces Establishment of Subsidiaries for Holding Company Structure Transition


Wednesday, 16 Oct 2013 02:45am EDT 

Daiwa Motor Transportation Co Ltd announced that it will spin off its taxi business into three new wholly owned subsidiaries to be established in Tokyo, effective April 1, 2014. This is part of the plan for transition to holding company structure, which was announced on September 11, 2013. 

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