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Mary Chia Holdings Expands into China with New Subsidiary
Company Announcements

Mary Chia Holdings Expands into China with New Subsidiary

Story Highlights
  • Mary Chia Holdings Limited has incorporated a new subsidiary in Shenzhen, China.
  • The new subsidiary aims to expand the company’s presence in the Chinese cosmetics market.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Mary Chia Holdings Limited ( (SG:5OX) ) has provided an update.

Mary Chia Holdings Limited has announced the incorporation of a new wholly-owned subsidiary, Organica International (Shenzhen) E-Commerce Co. Ltd., in Shenzhen, China. This strategic move is aimed at expanding their presence in the Chinese market through wholesale, retail, and online sales of cosmetics. The financial impact of this incorporation on the company’s current fiscal year is expected to be minimal. Directors and substantial shareholders do not have any direct interest in this new subsidiary.

More about Mary Chia Holdings Limited

Mary Chia Holdings Limited operates in the beauty and wellness industry, offering services and products related to cosmetics. The company focuses on wholesale, retail, and online sales of cosmetics, as well as the import and export of goods.

YTD Price Performance: 0%

Average Trading Volume: 140,305

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$7.43M

For detailed information about 5OX stock, go to TipRanks’ Stock Analysis page.

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