22 August, 2018

Completion of Transfer of Pioneer's Plant

Tokyo, Japan -― Pioneer Corporation announced today that it has completed its transfer of the plant owned by Pioneer Technology (Malaysia) Sdn. Bhd., its subsidiary, to VTech Communications Limited, a subsidiary of VTech Holdings Limited on 20 August, 2018. The transfer amount is approximately US$21.1 million (2.3 billion yen).

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Pioneer Corporation published this content on 22 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 August 2018 01:21:08 UTC