Kyokuto Kaihatsu Kogyo Co.,Ltd. (TSE:7226) acquired 90% stake in Import Machinery And Equipment Pty. Ltd. on July 7, 2023. Import Machinery And Equipment became a subsidiary of Kyokuto Kaihatsu.

Kyokuto Kaihatsu Kogyo Co.,Ltd. (TSE:7226) completed the acquisition of 90% stake in Import Machinery And Equipment Pty. Ltd. on July 7, 2023.