Recreational Products
Mizuno Corp Establishes New Subsidiary; Announces Business Transfer from DUCKHWA SPORTS CO.,LTD. to New Subsidiary
Mizuno Corp announced that it has established a new wholly owned subsidiary MIZUNO KOREA LTD. in South Korea, which is engaged in planning, manufacture and sale of golf products, baseball products and running shoes, on April 1, 2013. The Company also announced that MIZUNO KOREA will acquire sports product retail and wholesale business from a South Korea-based company DUCKHWA SPORTS CO.,LTD., on July 1, 2013. The transaction price is not disclosed.
Beijing Toread Outdoor Products Co Ltd to Set up Subsidiary
Beijing Toread Outdoor Products Co Ltd announced that it will invest RMB 60 million to set up a wholly owned subsidiary. The subsidiary will be with a registered capital of RMB 60 million and engaged in the investment, investment management and investment advisory.
Maruman & Co Ltd to Establish Beijing-based Subsidiary
Maruman & Co Ltd announced that it has decided to establish a Beijing-based subsidiary with a registered capital of USD 2 million, which will be engaged in the import and sale of golf products, in September 2013.
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