News

Kasen acquires stake in Haining Leather

04/10/2007

Reports indicate that subsidiary of Hong Kong-based finished leather producer Kasen International Holdings Ltd., Zhejiang Kasen Industrial Co. Ltd., is to acquire a 4.92% stake in Haining Zhejiang Leather and Garment Market Investment and Development Co. Ltd. for 42.3 million yuan ($5.6 million).

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