January 10, 2018 / 4:33 AM / 5 months ago

BRIEF-Daido Metal to set up unit in Thailand

Jan 10 (Reuters) - Daido Metal Co Ltd :

* Says it plans to set up a 99.9 percent stake owned subsidiary, named as DM Casting Technolog (Thailand) Co Ld, with registered capital of 200 million baht, in January

* New unit will be mainly engaged in manufacture of aluminum die-cast products

Source text in Japanese: goo.gl/Bjw58i

Further company coverage: (Beijing Headline News)

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