Brief: H.I.S. unit to set up JV with SUMITOMO FORESTRY

Sumitomo Forestry

22/11/2018 08:12

Nov 22 (Reuters) - H.I.S. Co Ltd  9603.T  
    
    * Says its unit will set up a hotel asset JV with SUMITOMO
FORESTRY CO.,LTD.  1911.T  in December 
    * Says the JV will be capitalized at 325 million yen 
    * Says the unit will hold 50 percent stake in the JV 

    
    Source text in Japanese:https://goo.gl/W2iHVM
    Further company coverage: 9603.T  1911.T 

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