December 20, 2017 / 7:36 AM / 5 months ago

BRIEF-MURAKI to sell business in unit, dissolve and liquidate the unit

Dec 20 (Reuters) - MURAKI CORP :

* Says it plans to sell damage insurance agency business in its wholly owned Tokyo-based subsidiary on Jan. 31, 2018, at an undisclosed price

* Co will dissolve and liquidate the subsidiary effective on March 31, 2018

* Liquidation is expected to be completed in mid-August

Source text in Japanese: goo.gl/4Z8LBG

Further company coverage: (Beijing Headline News)

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