Notice of the Establishment of a Sales Subsidiary in the Kingdom of Thailand
2017.03.30Press Release
I hereby announce the establishment by this company of a sales subsidiary in the Kingdom of Thailand, as detailed below.
- 1. Purpose
- To collect detailed information in a timely manner in the Southeast Asia region and, whilst promoting a further sales expansion strategy to accompany the growth of the market, consider the establishment of a manufacturing plant in the future.
- 2. Sales Subsidiary Overview
| trade name | TOYAL (THAILAND) COMPANY LIMITED |
|---|---|
| Location | Sathorn district Bangkok |
| Representative | Ko Kinoshita (Currently Manager, Paste Development & Sales Dept. Powder & Paste Headquarters) |
| Establishment date | March 30, 2017 |
| Main business |
(1) Purchasing, sales, and export/import duties as a sales branch for the following products - Aluminium foil or processed goods containing it
- Aluminium paste
- Backing sheets for solar batteries and ink for back electrodes on solar batteries - Film or processed goods containing it
(2) Service duties related to the provision of market information in the Southeast Asia region |
| Investment Capital | 15 Million baht (Approximately 51 Million yen) |
| Capital expenditure | Toyo Aluminium group 100% |
| Expected sales start | July 2017 |
| Number of employees | 7 (Number expected at the start of business) |
