Ningbo Huaxiang Electronic to establish new joint-venture in Singapore  [ China ]

Ningbo Huaxiang Electronic will establish a new joint-venture in Singapore. The new company will be owned 50 percent by Ningbo Huaxiang's wholly owned subsidiary in Singapore, 30 percent by Inoac Corporation of Japan, and 20 percent by Kenjou Industrial Co., Ltd. The joint venture will be tentatively called Inoac Huaxiang (Singapore) Automobile Products Investment Co., Ltd. The new joint ventur...