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ZheJiang Jiaxin Silk Corp Ltd Acquires Trademark-use Right; to Set up Subsidiary

Wednesday, 4 Sep 2013 08:00pm EDT 

ZheJiang Jiaxin Silk Corp Ltd announced that it has acquired the use right of trademark ALDEMILAN from a Shanghai-based apparel company and Mr. Cheng Guiming, and will set up a subsidiary in Jiaxing, which will be engaged in production, processing and sale of apparel and accessories under ALDEMILAN brand, sale of textile products, silk products, crafts and toys, as well as the provision of apparel design, exhibition, economic consulting and sales planning services. The Company will hold 80% stake, Mr. Li Ada will hold 12% stake and Mr. Cheng Guiming will hold 8% stake in the subsidiary. 

Company Quote

-0.26 -2.12%
30 Jan 2015