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Fuji to form car venture

PUBLISHED : Tuesday, 03 June, 1997, 12:00am
UPDATED : Tuesday, 03 June, 1997, 12:00am

Japan's Fuji Heavy Industries has signed a letter of intent to establish a car-making joint venture with China's Guizhou Yunque Car Corp.


Fuji Heavy would take a 49 per cent stake in the 600 million yuan (about HK$557.45 million) venture, the China Daily said.


 

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