Brief: Recomm to set up JV named RECOMM BUSINESS SOLUTIONS INDIA PRIVATE

Recomm Co

07/08/2018 09:46

Aug 7 (Reuters) - Recomm Co Ltd  3323.T  
    
    * Says it will set up a JV named RECOMM BUSINESS SOLUTIONS
INDIA
PRIVATE LIMITED, with unit 
    * The JV will be capitalized at $300,000(about 33.3 million
yen)
    * Says it will hold 90 percent stake in the JV 
    * Says the JV will be engaged in development of LED lighting
and
air-conditioning related products  

    
    Source text in Japanese:https://goo.gl/3JJ37q
    Further company coverage: 3323.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111;
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))