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Korea Kolmar to invest US$30m to build a factory in China

[DISCLOSURE] Korea Kolmar Holdings (024720) has announced on June 22 that it has signed an MOU to build its second factory in Jiangsu Province, China. The cosmetic OEM/ODM will invest US$30 million to build a factory on the 63,495m² site, to be completed by 2017. 
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