The Korea Herald

지나쌤

Kolmar invests W33m in China-based subsidiary 

By 박윤아

Published : Sept. 8, 2016 - 17:24

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[DISCLOSURE] Korea Kolmar (161890), a cosmetics and healthcare OEM/ODM manufacturer, announced on Sept. 8 that it has decided to invest 32.79 billion won (US$29.97 million) in its Chinese subsidiary located in Wuxi, Jiangsu province. 

The amount is equivalent to 13.34 percent of the company’s equity capital last year.

By Park Yuna (yunapark@heraldcorp.com)