Sanyo Securities to fold if no t

Sanyo Securities to fold if no t

Sanyo Securities Co. will shut down operations by the end of August if it cannot find a corporate partner, domestic or foreign, to rescue the second-tier Japanese brokerage. ''Sanyo has not given up on restructuring,'' Akira Fujishima (far L), the court-appointed provisional trustee to the brokerage, tells a news conference at the Tokyo Stock Exchange in downtown Tokyo on June 24. ==Kyodo

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