NYK Discovers Illegal Conducts in Chinese Subsidiary

NYK Discovers Illegal Conducts in Chinese Subsidiary
Nippon Yusen Kabushiki Kaisha (the “Company”) has discovered that there is a possibility that former locally-hired management personnel in NYK Car Carrier (China) Co., Ltd., our consolidated subsidiary located in Shanghai, China, which is engaged in finished-car logistics business in China, had committed unlawful expenditure or embezzlement. The Company established an investigation committee (the “Committee”) ... read more
Source: Shipping NewsPublished on 2018-02-14
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