Aucnet Acquires Singapore Joint Venture As 100% Subsidiary

TOKYO, May 16 (Bernama-AiaNet) -- 

-Enhancing Global Network and Local Distribution Growth in ASEAN and Oceania-

AUCNET INC. (hereinafter: AUCNET), a circular market design company headquartered in Minato City, Tokyo, is pleased to announce the full acquisition of its joint venture, SG e-Auction Pte. Ltd. (hereinafter: SG e-Auction) of Singapore, which operates the second-hand luxury goods distribution business in Singapore and the rest of ASEAN, with the aim of expanding its global client network and local distribution in the ASEAN and Oceania regions.

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