Musashi Seimitsu to set up administrative company in China   [ China ]

Musashi Seimitsu Industry Co., Ltd. announced that it will establish an administrative company in Zhongshan, Guangdong Province to oversee its group companies in China. Capitalized at approximately CNY 60 million, the new company is scheduled to set up in August 2014. (From a press release on July 31, 2014)