April 13, 2018 / 7:11 AM / 3 months ago

BRIEF-Matsuoka to set up JV Matsuoka Industries Indonesia

April 13(Reuters) - Matsuoka Corp

* Says it will set up a JV Matsuoka Industries Indonesia, which will be engaged in apparel OEM manufacture, in May, with partners

* Says the JV will be capitalized at $22 million, and the company will hold 51 percent stake in the JV

Source text in Japanese:goo.gl/jLsnux

Further company coverage: (Beijing Headline News)

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