May 25, 2017 / 3:44 AM / 2 months ago

BRIEF- Transaction updates on setting up unit in U.S.

1 Min Read

May 25(Reuters) - Transaction Co Ltd

* Says its wholly owned unit Trade Works Asia Ltd. will set up a wholly owned unit Vape.Shop USA Corp in U.S., on May 26

* Says Vape.Shop USA Corp will be capitalized at $50,000

* Says previous plan was announced on Feb. 27

Source text in Japanese:goo.gl/EoVPok

Further company coverage: (Beijing Headline News)

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