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Daikin Malaysia Sdn Bhd formed a joint venture, Daikin (Taiwan) Air Conditioning Systems, with Ho Tai Development Co and Leading Electric & Machinery Co in Taiwan, with capital of JPY 800 million. Daikin Malaysia holds 51%.
“The joint venture seeks to combine Daikin’s core technologies, production know-how and its business foundation in the Taiwanese market with Leading’s strengths with the AHU product and support capabilities.”coolingpost.com
Summarized from public sources; check the original articles before acting on it.