Samsung Welstory to Launch China-based Food Distribution Network
Samsung Welstory (President & CEO Bong-Yung Kim) has signed an agreement that will see it establish a food distribution joint venture operation with Kokubu, Japan’s largest food distributor, as well as Chinese agriculture company Yinlong Agriculture Development (Yinlong Agriculture). Samsung Welstory, Kokubu and Yinlong Agriculture will hold 70 percent, 17.5 percent and 12.5 percent respectively …
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