Daiwa Motor Transportation Co., Ltd. cancelled the acquisition of property at Sanbancho, Chiyoda District.
May 15, 2014 at 12:00 am EDT
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Daiwa Motor Transportation Co., Ltd. (TSE:9082) agreed to acquire property at Sanbancho, Chiyoda District for approximately ¥660 million on May 15, 2013. Daiwa Motor entered into an agreement to acquire property at Sanbancho on May 17, 2013. The transaction was resolved by Board of Directors of Daiwa Motor on May 15, 2013. The transaction is expected to be completed on October 25, 2013.
Daiwa Motor Transportation Co., Ltd. (TSE:9082) cancelled the acquisition of property at Sanbancho, Chiyoda District on May 15, 2014.
Daiwa Motor Transportation Co., Ltd. is a Japan-based company principally engaged in passenger car transportation business, real estate business, as well as fuel and materials sale business. The Company also develops business activities, such as the sale of automobile meter devices related to each business, as well as the manufacture and sale of metal products. The Company operates in three business segments. Passenger Car Transportation segment is involved in hired car business, operation management business and taxi business. Real Estate segment is involved in the provision of leasing, trading, brokerage, management and cleaning services. Sale segment is involved in the sale of fuel and materials, the manufacture and sale of metal products, as well as the sale and repair of automobile meters.