Brief: HotLand to set up JV Splendid HotLand Sweets ASEAN Company Limited in Thailand

Hotland Holdings

20/07/2016 07:38

July 20 (Reuters) - HotLand Co Ltd   3196.T : 
      
    * Says it will set up a JV Splendid HotLand Sweets ASEAN 
Company Limited in Thailand, with a Thailand-based company 
Splendid Corporation Company Limited  
    * Says the JV will be engaged in operation of the co's 
stores "Croissant Taiyaki" in Thailand 
    * Says the JV will be with registered capital of THB 10 
million  
    * Says the co and Splendid Corporation Company Limited will 
hold 49 percent and 51 percent stake in the JV respectively 
     
     
    Source text in Japanese:https://goo.gl/1h8d9c 
    Further company coverage: 3196.T  
 
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