| Home
JVC and Kenwood to team up
Tajikistan News.Net
Sunday 11th May, 2008
The JVC company in Japan will merge with Kenwood Corp on October 1st.
The two companies are still working out details of their holding company plan and will seek shareholder approval at their respective general shareholders meetings in late June.
JVC and Kenwood will be controlled by a holding company, which is expected to appoint Kenwood Chairman Haruo Kawahara as chairman, while JVC President Kunihiko Sato will become president.
The JVC and Kenwood brands will be kept after combined sales for the year ended March 31st came to around US$8 billion.
 Email this story to a friend
Have your say on this story
|
 |
 |
- UN secretary-general 'deeply disappointed' in Myanmar
Yangon, July 4 (DPA) United Nations Secretary-General Ban Ki-moon Saturday called on Myanmar's junta to allow opposition leader Aung San Suu Kyi to participate in politics. [read story]
- 26 killed in Thai bus, car pile-up
Bangkok, July 4 (Xinhua) Twenty-six people were killed Saturday in a pile-up involving a passenger bus and six cars on a highway in southern Thailand, the police said. [read story]
- 150,000 evacuated as storms batter southern China
Beijing, July 4 (DPA) Torrential rains and flooding forced more than 150,000 people from their homes, cut power and destroyed crops across southern China, state media reported Saturday. [read story]
- North Korea tests seventh missile, says South Korea
Seoul, July 4 (DPA) North Korea fired its seventh missile from its eastern coast Saturday, the South Korean defence ministry said, as Pyongyang raised tension in the Korean peninsula. [read story]
- 32 militants killed in Afghanistan
Kabul, July 4 (Xinhua) Thirty-two militants and a foreign soldier were killed in fighting in Afghanistan's eastern Paktika province Saturday, officials said. [read story]
|
|
 |
 |
|
|
