Turn off the Ad Banner  

To print: Select File and then Print from your browser's menu.

    -----------------------------------------------
This story was printed from CdrInfo.com,
located at http://www.cdrinfo.com.
-----------------------------------------------

Appeared on: Saturday, October 25, 2003
Yamaha closes overseas subsidiary of audio visual

Yamaha Corporation announced that it has decided to close Audio Visual Land (Singapore), a wholly owned subsidiary of Yamaha Music (Asia), which is Yamaha Corporation’s musical instruments sales subsidiary in Singapore.

Established as a wholesaler of audiovisual equipment and musical instruments, Audio Visual Land had suspended operations and transferred its business responsibilities to its parent—Yamaha Music (Asia) — as part of that company’s restructuring. However, Yamaha Corporation has now decided to close Audio Visual Land entirely. Yamaha Corporation management believes that liquidation - related costs will be virtually zero, and that the closure of Audio Visual Land will not affect consolidated earnings.


Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2024 - All rights reserved -
Privacy policy - Contact Us .