Brief: Haruyama Trading plans spin-off apparel sale business to newly established unit; transition to holding company structure

Haruyama Holdings

19/10/2016 07:21

Oct 19 (Reuters) - Haruyama Trading Co Ltd  7416.T  : 
     
    * Says it plans to set up a wholly owned subsidiary in 
Okayama prefecture, as successor preparatory company on Jan. 4, 
2017 
    * Says it plans to transfer its apparel and relating sale 
business to the newly established unit and restructure itself 
into holding company, effective on Jan. 4, 2017 
    * Co's name will be changed to Haruyama Holdings Inc after 
transition to holding company, effective Jan. 4, 2017 
     
    Source text in Japanese: https://goo.gl/nWk1kg 
    Further company coverage: 7416.T  
 
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