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Delong unveils plan to go into investment business

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Published Tue, Aug 23, 2016 · 09:50 PM

Singapore

DELONG Holdings, whose core business is the manufacture and sale of hot-rolled steel coil, has proposed to diversify into the investment business.

For a start, it plans to invest 60 million yuan (S$12.2 million) for a 2 per cent stake in China clothing design firm Qingdao Kutesmart Co Ltd.

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