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AREM Pacific corporation Announces successful acquisition of DMWK,a public company trading in OTC,USA
Press Release:Arem pacific corporation
June 20,2013
News Release – June 20, 2013
Thomas Tang, the President of Arem Pacific Corporation (Arem), and the management team completed the successful acquisition of DMWK, a public company trading on the OTC market. The DMWK name will be renamed as Arem Pacific Corporation. Arem will bring in resources and management expertise to make the Corporation a world class, profitable and diversified company.
For the past few months, Arem’s team has been working with various fund managers and business associates to achieve synergistic, exponential growth and profitable ventures. In the next few weeks, there will be major developments concerning operations, funding, hiring top talent, establishing new offices, and most importantly, added value to share-holders according to George Leong, CEO of Arem
The current Physiotherapy & Health operations of Arem is located in Victoria, Australia. Arem has estimated sales turnover of $67 million with cash flows of $29 million by 2016 from the planned 100 chain stores in Australia and China.