SOKO Fitness Buys 51% of Shenyang Letian Yoga
Harbin Mege Union Beauty Management Ltd., wholly owned by SOKO Fitness & Spa Group, Inc. (SOKF.OB) announced the acquisition of 51% of Shenyang Letian Yoga Fitness Center in Shenyang in Northeast China. The club has 73,200 sq. ft of area and has more than 3000 members.<br/><br/>The company expects that the club could achieve a profit margin of 30% within the next 2 years.<br/><br/>Harbin Mege Union Beauty Management also announced the acquisition of Harbin Tai Ai Beauty Co. Ltd. that owns 100% of a LEA Spa located inside the Sofitel Wanda Harbin. <br/>
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