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NSG Group Announces Integration of Building Products Japan Sales and Marketing Divisions

Post Time:Nov 04,2008Classify:Company NewsView:392

NSG Group (Head office: 5-27, Mita 3-Chome, Minato-ku,Tokyo;Representative Executive Director: Stuart Chambers, hereinafter “the Group”) announces that Nippon Sheet Glass Co., Ltd.,( the holding company of the Group, hereinafter “the Company” ) resolved at its Board of Directors' meeting held on 30th October, 2008, to split current Sales and Marketing Divisions of building glass products in Japan, and subsequently to absorb those operations into NSG Building Products Co., Ltd (Head office: 6 Anesaki-kaigan, Ichihara-shi, Chiba, hereinafter “NBP”), which is a wholly-owned subsidiary of the Company that manufactures fabricated building glass products, effective 1st April, 2009.

As this transaction is a simplified company split in which the wholly-owned subsidiary will become the successor company, some disclosure items and details are omitted.

Source: Nippon Sheet Glass Group Author: shangyi

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