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Shoe Factory acquisition

Shoe Factory acquisition  
April 8, 2001

Tung Shing Development Ltd, Tagalder's associate company, has successfully acquired 75% interest in Shenzhen Punluen Industrial Co., Ltd, a fashion shoe manufacturer. The profitable shoe company has annual sales over US$5 million.

Tagalder will add shoes to their product to distribute to Asian countries, Korea, Middle-East and North America.

Tagalder's shoe product

Tagalder shoe product

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