Reuters logo
BRIEF-Descente unit to set up Arena (Shanghai) Industrial Co., Ltd. with Symphony Holdings Limited
December 15, 2016 / 6:20 AM / in 10 months

BRIEF-Descente unit to set up Arena (Shanghai) Industrial Co., Ltd. with Symphony Holdings Limited

Dec 15 (Reuters) - Descente Ltd :

* Says its unit Shanghai Descente Commercial Co., LTD. plans to set up a JV in Shanghai, named as Arena (Shanghai) Industrial Co., Ltd., under cooperation with Symphony Holdings Limited

* Says Arena (Shanghai) Industrial Co., Ltd. will be engaged in sales and marketing of Arena brand’s products in China mainland, with registered capital of 30 million yuan

* Says Shanghai Descente Commercial Co., LTD. and Symphony Holdings Limited will hold 30 percent stake and 70 percent stake in the JV respectively

Source text in Japanese:goo.gl/RdpkG8

Further company coverage: (Beijing Headline News)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below