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GT Cap in car warranty JV

TDT

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Photo credit: Facebook page —GT Capital Holdings

Ty group’s listed GT Capital Holdings Inc. reported to the bourse that it will invest, through GT Capital Auto Dealership Holdings Inc. (GTCAD), in a used car inspection and warranty business with Premium Group of Japan, to be established through GT Mobility Ventures Inc., a joint venture with Mitsui & Co. and GTCAD as shareholders. GT Capital’s effective ownership stake will be 47 percent.

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