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7245 Daido Metal Co News Story

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Brief: Daido Metal to set up unit in Thailand

Jan 10 (Reuters) - Daido Metal Co Ltd  7245.T  : 
       
    * Says it plans to set up a 99.9 percent stake owned 
subsidiary, 
named as DM Casting Technolog (Thailand) Co Ld, with registered 
capital of 200 million baht, in January  
    * New unit will be mainly engaged in manufacture of aluminum 
die-cast products  
 
     
    Source text in Japanese: https://goo.gl/Bjw58i 
    Further company coverage: 7245.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))

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