|Kiwa Bio-Tech Announces Signed Agreement For Increased Fertilizer Production in China
Claremont, , CA - (WORLD STOCK WIRE) - June 27, 2017 -- Kiwa Bio-Tech Products Group Corporation (OTCQB: KWBT) ("Kiwa" or the "Company"). On June 8, 2017, Kiwa signed an equity purchase agreement with Yantai Peng Hao New Materials Technology Co., Ltd in Penglai city, Yantai apple's main producing area, in Shandong, China. The agreement relates to the acquisition of a new factory (which is currently idle) for a purchase price of RMB 15 million (approximately US$2.2 Million). The factory covers an...
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