May 15 (Reuters) - Ichikawa Co Ltd 3513.T
* Says it will set up a JV ICHIKAWA ASIA CO., LTD., which
will be
engaged in sale of slate felt and transfer belt, in Thailand, on
July 1
* Says it will hold 49 percent stake in the JV
* Says the JV will be capitalized at 2 million baht
Source text in Japanese:https://goo.gl/Y7whsg
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