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Jewelry Company Man Sang acquires Smartest Man Holdings
20 Feb '06
2 min read
The registered capital to be contributed to the WOFE by MSIL and/or Man Sang Enterprise Ltd. will be approximately US$14,700,000.
"This investment will enable Man Sang Group to not only broaden its business and customer base but will also strengthen its role as a market leader in pearls and pearl jewellery business for years to come," Cheng Chung Hing, Ricky, Chairman of Man Sang Group stated.
Man Sang Holdings Inc and its subsidiaries are one of the world's largest purchasers and processors of Chinese cultured and freshwater pearls.
The Man Sang Group is principally engaged in the purchasing, processing, assembling, merchandising and wholesale distribution of pearls, pearl jewelry and other jewelry products.
In addition, the Man Sang Group owns and operates the Man Sang Industrial City, an industrial complex, located in Gong Ming Zhen, Shenzhen Special Economic Zone, PRC.
"This investment will enable Man Sang Group to not only broaden its business and customer base but will also strengthen its role as a market leader in pearls and pearl jewellery business for years to come," Cheng Chung Hing, Ricky, Chairman of Man Sang Group stated.
Man Sang Holdings Inc and its subsidiaries are one of the world's largest purchasers and processors of Chinese cultured and freshwater pearls.
The Man Sang Group is principally engaged in the purchasing, processing, assembling, merchandising and wholesale distribution of pearls, pearl jewelry and other jewelry products.
In addition, the Man Sang Group owns and operates the Man Sang Industrial City, an industrial complex, located in Gong Ming Zhen, Shenzhen Special Economic Zone, PRC.
Man Sang Holdings Inc
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