Brief: Autobacs Seven to set up wholesale business unit and says business transfer between units

Autobacs Seven Co

09/07/2018 07:17

July 9(Reuters) - Autobacs Seven Co Ltd  9832.T 
    
    * Says it will set up a wholly owned wholesale business unit
in
middle August, in Tokyo 
    * Says the unit will be capitalized at 450 million yen
    * Says the company's two units Cores International,Inc and
PALSTAR
K.K. will transfer business to the new unit 
    * Business transfer date on Oct. 1

    
    
    Source text in Japanese:https://goo.gl/jk8uWD
    Further company coverage: 9832.T 

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