Brief: Krosaki Harima to directly hold 60 pct stake in TRL ASIA PRIVATE LIMITED

Krosaki Harima

25/11/2016 06:23

Nov 25 (Reuters) - Krosaki Harima Corp  5352.T :   
     
     
    * Says it will buy 51 percent stake in its Singapore-based 
sub-subsidiary TRL ASIA PRIVATE LIMITED from its India-based 
subsidiary TRL KROSAKI REFRACTORIES LIMITED 
    * Says it will also buy 9 percent stake in TRL ASIA PRIVATE 
LIMITED from a Hong Kong-based firm MAGUS (HONG KONG) LIMITED 
    * Says the co will directly hold 60 percent stake in TRL 
ASIA PRIVATE LIMITED after the stake acquisition 
    * Says the acquisition price is S$8.5 million(not including 
advisory fee)     
     
     
    Source text in Japanese:https://goo.gl/rJnhVC 
    Further company coverage: 5352.T  
 
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