HONG KONG BEAUTY GROUP GETS HK$78 MILLION INVESTMENT

BY KEITH NUTHALL

HONG Kong skin-care and beauty business Water Oasis Group Limited is receiving a Hong Kong dollar HKD78 million (US dollar USD$10 million) investment from California-based Darby Overseas Investments, Ltd. Its Asia managing director David Hudson said Darby was following its policy of "supplying otherwise scarce risk capital to well managed mid-cap companies with good growth prospects."

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