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January 24, 2002

HONG KONG: Fashion Retailer Moiselle To List On Main Board – Report

A Chinese newspaper on Thursday claimed that leading fashion retailer Moiselle had been given the go ahead to list on the main board of the Hong Kong stock exchange from next month. Quoting market sources, The Ming Pao Daily News said Moiselle would raise HK$70 million by issuing 70 million shares at HK$1 each and that net proceeds of HK$57m would be invested in new outlets and the setting up of new production facilities in China.

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