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3196 — Hotland Holdings News Story

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Brief: HotLand to establish wholly owned unit in U.S.

July 14 (Reuters) - HotLand Co Ltd  3196.T  
    
    * Says it plans to establish a wholly owned unit in U.S. in 
July  
    * Says unit will be capitalized at $1.5 million (169.5 
million yen) 
    * Says unit will be engaged in operation of co's brands in 
U.S. and development of FC 
 
    Source text in Japanese: https://goo.gl/Dyyo5R 
    Further company coverage: 3196.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: Tingting.liu@thomsonreuters.com@reuters.net))

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