Sanyo lifts stake
The Sanyo Group of companies of Japan has increased its shareholding in Autocrat Sanyo Holdings (N.Z.), Ltd, 8.8 per cent to bring the total Sanyo shareholding in the company to 49 per cent. As announced earlier in the year, the board has invited additional directors from the Sanyo Group on to the board. These include three execu-
tive directors being Mr Matsui, who is deputy managing director, Mr M. Nakamura as finance director, and Mr K. Takahashi as manufacturing director. The company expects increased Sanyo support to be shown immediately through an increased range of Sanyo products, including an increasing presence in the microwave oven market.
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Press, 28 August 1984, Page 30
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109Sanyo lifts stake Press, 28 August 1984, Page 30
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