Nissui to Sell its Indonesian Shrimp-farming Subsidiary to a Russian Company
SEAFOODNEWS.COM [Japan Report] Tokyo - Feb 4 2015
Nippon Suisan, Ltd. (Nissui) has said it will sell its subsidiary Nissui Indonesia that had been engaging in shrimp farming to a Russian fishery firm.
The company has been closed since 2012, while Nissui looked for a buyer. All the equities held by Nissui will be transferred to the Russian side in March for about Y17 million.
Japan's major fishing company intends to relinquish its credit for loan to the Indonesian firm amounting to about Y3 billion ...
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