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BELLE'S Purchase Of Beauty Treasure Is Approved By Shareholders.

2008/4/12 0:00:00 10522

Beauty Treasure

BELLE international chief executive Sheng Bai Jiao said that the proposal to buy beautiful treasure at 6 yuan per share was approved by the shareholders' meeting.

The paction has been approved by mabho's controlling shareholders, and the 62.87% stake has been sold. If BELLE fails to get the 90% stake in mabe, BELLE has the right to give up the paction.

Sheng Bai pepper said that the acquisition of beautiful treasure helped the company's brand combination of men and women. At present, the global casual footwear market has more than 20 billion (US dollars, the same below), while mainland China has less than 200 million market development space.

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