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Preparations are being advanced for the establishment of a new joint venture company for cold storage business in Vietnam by Kawasaki Kisen Kaisha, Ltd. (‘K’ Line), Cool Japan Fund Inc. and Japan Logistic Systems Corp.   A press release was issued on September 25, 2014 giving the initial details of this venture.

It is now confirmed that the new joint venture company has received official approval for the establishment from Vietnamese authorities.

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