Highways & Rail Tracks
June 1(Reuters) - Dongguan Development Holdings Co Ltd <000828.SZ> ::* Says its unit set up new branch in Dongguan city, which will be engaged in investment, construction and operation of expressway business .
Hunan Investment Group Co Ltd <000548.SZ> :Says it plans to set up a wholly owned property management subsidiary with investment of 10 million yuan.
Nippon Parking Development Co Ltd <2353.T>: Says it plans to set up new unit in Sapporo to take over parking operation and rental car business in Hokkaido .Says the new unit to be set up on Dec. 1, with capital of 50 million yen.
Dongguan Development (Holdings) Co., Ltd. <000828.SZ>: Says it plans to invest 475 million yuan to set up a commercial factoring unit in Tianjin with Great River .Says the co will hold 95 percent stake in target unit.
NIPPON PARKING DEVELOPMENT Co Ltd <2353.T> : Says it plans to set up a wholly owned subsidiary named NPD USA Co., Ltd. in U.S. with registered capital of $10 million in July .Says new unit to be mainly engaged in mangement, operation and consulting business of parking lot in U.S..