Brief: Nikkiso plans JV in Taiwan with Formosa Plastics Group for UV-LED business development
25/01/2017 07:12
Jan 25 (Reuters) - Nikkiso co Ltd 6376.T :
* Says the co plans to set up JV in Taiwan with a local firm
Formosa Plastics Group
* Says the new JV to be engaged in development of UV-LED
business
* Says the registered capital of the JV to be at T$4 billion
and the co to hold 51 percent stake in it
* Says the two entities plan to boost T$8 billion worth
capital in the JV when it completed the establishment
* Sees the business to start in July
Source text in Japanese:https://goo.gl/qY77Vu
Further company coverage: 6376.T
(Beijing Headline News)
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