Notice of transferring the shares of a subsidiary
July 1, 2019
Nissha Co., Ltd.
On July 1st, 2019, Nissha Industrial and Trading Malaysia Sdn. Bhd. (Malaysia), a consolidated subsidiary of Nissha Co., Ltd., transferred the shares of Nissha Flooring Industries Sdn. Bhd to Scanwolf Plastic Industries Sdn. Bhd. Nissha Flooring Industries Sdn, Bhd was a subsidiary company for production of Luxury Vinyl Tiles operated in a joint venture with Scanwolf Plastic Industries Sdn. Bhd.
The influence on the consolidated business result is expected to be insignificant. We will promptly disclose if it occurs such as necessity of revision of business forecast or matters to be announced.
The influence on the consolidated business result is expected to be insignificant. We will promptly disclose if it occurs such as necessity of revision of business forecast or matters to be announced.
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