FAST RETAIL-DRS (06288) announced that the company has resolved to inject capital into its wholly-owned subsidiary, F...
According to the Zhutong Finance APP, FAST RETAIL-DRS (06288) has announced that the company has resolved to inject capital into its wholly-owned subsidiary, Fast Retailing US Inc., for the purpose of acquiring cutting-edge technical expertise and professional knowledge centered in the USA, in order to further enhance customers' shopping experience. Following the capital injection, as the total capital amount will be more than ten percent of the company's capital, the company will be categorized as a "specific subsidiary." Capital before the injection: $1, after the injection: $1 million.