Chung Dongyoon cancelled the acquisition of 30% stake in Shanghai Tuku Cosmetics Co., Ltd. from Harson Trading Co., Ltd..
April 26, 2020
Share
Chung Dongyoon agreed to acquire 30% stake in Shanghai Tuku Cosmetics Co., Ltd. from Harson Trading (China) Co., Ltd. (SHSE:603958) for CNY 0.45 million on April 27, 2019. For the period ended December 31, 2018, Shanghai Tuku Cosmetics reported total assets of CNY 23.95 million, net liabilities of CNY 17.15, revenue of CNY 64.14 million and net loss of CNY 25.96 million. The transaction has been approved in the meeting of the directorate of Harson Trading (China).
Chung Dongyoon cancelled the acquisition of 30% stake in Shanghai Tuku Cosmetics Co., Ltd. from Harson Trading (China) Co., Ltd. (SHSE:603958) on April 27, 2020.
Harson Trading China Co Ltd is a China-based company principally engaged in brand operation, product design and sales of middle and high-end leather shoes. The Company has its own brands and agency brands to meet the footwear needs of different consumers, including HARSON, KADINA, HARSON BUSSINESS, ROBERTA DI CAMERINO and other products. The Company also engages in the agency business of overseas brands such as PIKOLINOS. The Company mainly conducts its businesses in the domestic market and overseas markets.