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China's Herbalcos International plans US$24 million listing on junior AIM

Reuters
September 13, 2012, 12:09 am TWN

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LONDON -- Beauty products maker Herbalcos International Group Ltd. said it expects to raise up to 15 million pounds (US$24.09 million) through a listing on London's junior market AIM.

The company, whose clients include Wal-Mart Stores Inc. and Elizabeth Arden Inc., said it expects to use the proceeds from the offering to expand its facilities and launch new products.

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