September 1, 2017 / 7:19 AM / 3 months ago

BRIEF- GMB to set up automobile part firm in Korea

Sept 1(Reuters) - GMB Corp

* Says it will set up an automobile part firm in Korea, in September, with its consolidated subsidiary GMB KOREA CORP

* Says the automobile part firm will be capitalized at 5 billion won and the company will hold a 40 percent stake in the automobile part firm

Source text in Japanese:goo.gl/2fWjXF

Further company coverage: (Beijing Headline News)

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