The Taiwan and Singapore subsidiaries of Fukuoka City-based mass merchandiser Best Denki are planning capital partnerships with local companies. The Taiwan subsidiary, which is not a consolidated subsidiary, will have a majority of its shares purchased by a local electronics firm named Action Co. Meanwhile 49% of the stock of the company’s Singapore subsidiary will be transferred to a subsidiary of Indonesian consumer electronics mass merchandiser Bangun Persada.
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- Best Denki Overseas Subsidiaries Arranging Capital Tie-ups
Best Denki Overseas Subsidiaries Arranging Capital Tie-ups
- Published: Aug 20, 2009 / Last Updated: Aug 20, 2009
