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4222 Kodama Chemical Industry Co News Story

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Brief: Kodama Chemical Industry plans sale of stake in Indonesia unit

Nov 2 (Reuters) - Kodama Chemical Industry Co Ltd  4222.T  : 
     
    * Says it plans to sell 2,500 shares in its Indonesia 
automobile parts manufacturing unit PT. Echo Advanced Technology 
Indonesia, to Kojima Industries Corporation, on Nov. 25 
    * Says sale price is one rupiah per share  
    * Co's stake in the unit will be lowered to 39.3 percent 
from 60 percent  
     
    Source text in Japanese: https://goo.gl/I99lll 
    Further company coverage: 4222.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))

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