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Lumax Auto Technologies inks JV with Alps Alpine Co

Friday, 02 Jul 2021
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Lumax Auto Technologies (LATL) has signed joint venture (JV) agreement with Alps Alpine Co, Japan.  
 
The parties have entered into JV agreement to establish a JV company for the manufacturing and sale of electric devices and components including software related to automotive industry.
 
LATL will hold 50 percent of total equity shares capital of the proposed JVC and Alps Alpine Co will hold 50 percent total equity share capital of the proposed JVC.

 

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