RIX CorporationTSE: 7525

Notice Concerning Establishment of a Subsidiary in Vietnam

· Issued by RIX Corporation via TDnet

Filed with TSE · · 1 page · English

Summary by 6ix AI

RIX Corporation has announced the establishment of a subsidiary in Vietnam, as resolved by its Board of Directors. The subsidiary, tentatively named RIX Vietnam Co., Ltd., will be located in Ho Chi Minh City and is planned to be established in the following year. The purpose of this move is to create a sales and service structure to enhance competitiveness in the ASEAN market. The company anticipates that this development will have a minimal impact on its consolidated financial results for the upcoming fiscal year.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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