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BRIEF-Komehyo unit to set up JV with Beijing investment firm in Beijing
March 10, 2017 / 7:23 AM / 9 months ago

BRIEF-Komehyo unit to set up JV with Beijing investment firm in Beijing

March 10 (Reuters) - Komehyo Co Ltd :

* Says its Hong Kong-based unit, KOMEHYO HONG KONG LIMITED, plans to set up a JV in Beijing, under cooperation with Beijing-based investment firm

* Says the JV to be engaged in sales of watch, diamond, bag and clothes

* Says the JV to be capitalized at 50 million yuan and the unit to hold 50 percent stake in it

Source text in Japanese:goo.gl/NrtlBf

Further company coverage: (Beijing Headline News)

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