Oriental Shiraishi Corporation
Notice of Conclusion of Letter of Intent for Collaboration and Joint Venture Establishment with Gengji Construction Co., Ltd. in Taiwan
We are pleased to announce that we have concluded a letter of intent for collaboration and joint venture establishment with Gengji Construction Co., Ltd. in Taiwan.
Key Figures
- Capital stock: 1,305 million New Taiwan Dollars
- Establishment date: April 13, 1982
- Relationship with affiliated companies: No capital relationship, no personnel relationship, transactional relationship exists
AI要約
Overview of the Collaboration
This announcement pertains to the conclusion by Oriental Shiraishi Corporation of a letter of intent for collaboration and joint venture establishment with Gengji Construction Co., Ltd. The purpose of this partnership is to expand our construction-related business and strengthen our competitiveness in the local market in Taiwan. Details regarding the scope of the partnership and future schedules are currently under discussion.
Future Outlook and Impact
This collaboration is expected to leverage the technologies and expertise of both companies, leading to potential business expansion and revenue growth in the Taiwanese market. However, the specific scale of the business and impact on earnings will depend on future discussions. The timing of formal contracts and commencement of the project remain undecided.
Oriental Shiraishi Corporation
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