Fri, Jun 28, 2013: Maxwell International Holdings Bhd, a China-based shoe maker which is listed on main market Bursa Malaysia has allocated RMB800 million (RM410.7 million) for its business expansion and diversification in the next three to five years, Business Times reported. RMB300 million (RM154 million) of it will be spent on its fashion retailing business at Xiamen, China as well as for its plans to set up a new boutique outlet and venture into e-commerce fashion business.

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