TAIPEI, TAIWAN--(Marketwired - Dec 3, 2014) - Success Holding Group International Inc. (
Management believes that the Chinese beverage market reached US-$30 billion and may become one of the world's largest beverage markets, especially involving high-end health drinks. SHGT intends to utilize five major consumer chain pathways within China and during 2015 expects to market and distribute 888 Success-Drink, to approximately 20,000-30,000 chain supermarkets.
Future Business Operations
SHGT is seeking private-public companies in Asia as merger and acquisition candidates. SHGT is currently trading on USA OTC:QB market and is forecasting pretax earnings of $0.4~$0.5 per share for the final 2 quarters of this fiscal year. Mr. Chen's vision is listing SHGT on the Frankfurt Stock Exchange by 2014 and AMEX in the near future, giving SHGT the leverage to acquire more valuable companies throughout Asia. SHGT will focus on integration of chain stores and brand-names, IOT (Internet-of-Things), alternative energy technology, internet and logistics. Mr. Chen stated, "Through the newly structured public company, we will be able to more aggressively pursue acquisition of quality companies in Asia. SGHT plans to invest/acquire up to 30 companies within the next ten-fifteen years. Our shareholders should be able to reap the benefit of the higher growth potential in the Asia region."
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