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Completion of Transfer of Pioneer’s Plant

Pioneer Corporation announced today that it has completed its transfer of the plant owned by Pioneer Technology

Pioneer Corporation announced today that it has completed its transfer of the plant owned by Pioneer Technology (Malaysia) Sdn. Bhd., its subsidiary, to VTech Communications Limited, a subsidiary of VTech Holdings Limited on 20 August, 2018. The transfer amount is approximately US$21.1 million (2.3 billion yen).

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