BEIJING – Legend Capital, a venture capital company and part of Legend Holdings Ltd., recently allied with overseas investors to inject $20 million into the Shanghai New Sihe Wood Co. Ltd., a Chinese furniture manufacturer. According to Trading Markets.com, an official of Sihe announced that the company would take advantage of the capital to integrate the up-stream suppliers and down-stream brand and sales channels. Read more.
Have something to say? Share your thoughts with us in the comments below.