[straight Beijing News Network News July 5] (Sin Chew Daily) Malaysia UEM sunshine (UEMS, 5148, the motherboard industry group) off the sale of soft state Iskandar Princess City 253.7 acres of land to the South Korean cosmetics company amorepacific institutions (Amorepacific).

UEM sunshine in a proclamation, said amorepacific, along with its strategy of global expansion plans in Malaysian investment of about 1 billion 70 million dollars (six million 91 million ringgit).

Amore Pacific acquired lots located in Iskandar Princess Hong South and logistics industry cluster district SiLC, will be developed for cosmetics R & D, manufacturing and logistics center, is expected to bring about 300 to 500 new jobs.

UEM UEM's land, sunshine is today and in amore Pacific signed contracts.

The company did not disclose the sale price in a statement. 3

(original title: amore Pacific: with its global expansion strategy investment of about $2 in Malaysia plant)

Editor: Xiaoqing

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