[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)
The amount is equivalent to 13.34 percent of the company’s equity capital last year.
By Park Yuna (yunapark@heraldcorp.com)