Brief: Recomm to set up Vietnam-based subsidiary to develop LED lighting business in ASEAN region
21/06/2017 04:27
June 21 (Reuters) - Recomm Co Ltd 3323.T
* Says it will set up a wholly owned subsidiary, Vietnam
Recomm CO.,LTD on July 1, to develop LED lighting business in
ASEAN region
* New subsidiary will be engaged in sale of LED lighting and
air-conditioning related eco products, as well as OA equipment
* New subsidiary will be capitalized at $447,000, or 50
million yen
Source text in Japanese:https://goo.gl/nYzz7y
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