Published:
SOKO Fitness & Spa Group, Inc. Acquires Harbin Tai Ai Beauty Co. Ltd.
HARBIN, China, Oct. 1 /Xinhua-PRNewswire-FirstCall/ -- Harbin Mege Union
Beauty Management Ltd., wholly owned by SOKO Fitness & Spa Group, Inc. (OTC
Bulletin Board: SOKF), aDelaware corporation, announced the acquisition of
Harbin Tai Ai Beauty Co. Ltd. Harbin Tai Ai Beauty Co. Ltd. owns 100% of a LEA
Spa inside a five-star hotel. This is an inaugural cooperation with luxury
hotel for SOKO.
The 650-square-meter (7,000-square-foot) LEA Spa is located inside the
Sofitel Wanda Harbin, a five-star Hotel. TheIndonesia spa therapists help
customers relax and experience the SOKO lifestyle.
The Lea Spa was opened on July 2, 2008. In the first two months, this
facility has served over 1,000 customers per month and has contributed over
$216,000 in revenue. Profit margins are already well above 35%.
"Our LEA Spa provides professional spa services inside the Sofitel Hotel,"
said Tong Liu, CEO and Chairman of the Board of SOKO Fitness and Spa Group.
"We believe partnering with luxury hotel chains will accelerate our expansion
and development. This is a big step in that direction."
About SOKO Fitness & Spa Group, Inc.:
SOKO Fitness & Spa Group, Inc., is a leading operator of fitness clubs and
spas inNortheast China. The Company provides programs, services, and
products uniquely combined with exercise, education, and nutrition to help
their members lead a healthy life and achieve their fitness goals. For further
information, please go to http://www.sokofitness.com .
Safe Harbor Statement
This announcement contains forward-looking statements. These statements
are made under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by words or phrases such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar statements.
Among other things, the business outlook and quotations from management in
this press release contain forward-looking statements. Statements that are not
historical facts, including statements about SOKO's beliefs and expectations,
are forward-looking statements. Forward-looking statements involve inherent
risks and uncertainties. A number of important factors could cause actual
results to differ materially from those contained in any forward-looking
statement. SOKO does not undertake any obligation to update any
forward-looking statement, except as required under applicable law.
For more information, please contact:
The U.S. Office:
Yan Mu
Tel: +1-484-716-1081
Email: muyan@sokofitness.com
China Office:
Yu Xia
Tel: +86-451-8770-2255
Email: yuxia@sokofitness.com
SOURCE SOKO Fitness & Spa Group, Inc.
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,HEA,LEI,FAS,OTC,TNM,JVN,SOKF-Spa-Acquisition
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