Brief: Kintetsu Group Holdings to set up unit to transfer business to it

Kintetsu group Co

25/04/2018 07:15

April 25 (Reuters) - Kintetsu Group Holdings Co Ltd  9041.T 
   
    * Says co plans to set up an Osaka-based wholly owned unit
on May
1 
    * Says the new unit will be capitalized at 100 million yen
    * Says co and unit Kintetsu Retailing Corp will transfer
retail
stores' management business to the new unit, with effective date
on July 1

    Source text in Japanese: https://goo.gl/fd66no
    Further company coverage: 9041.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: Tingting.liu@thomsonreuters.com@reuters.net))