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Stock impact report

KBS Fashion Group Limited Announces Police Uniform Supply Agreement with Taihu County Public Security Bureau

KBS Fashion Group Limited (KBSF) 
US:NASDAQ Investor Relations: ir.kbsfashion.com
Company Research Source: PR Newswire
SHISHI, China, Sept. 14, 2018 /PRNewswire/ -- KBS Fashion Group Limited ("KBS" or the "Company") (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China, announced today its wholly-owned subsidiary Anhui Kaixin ("Kaixin") won a supply agreement with Anhui Province's Taihu County Public Security Bureau for police uniforms thanks to the Company's well-recognized manufacturing capabilities and production quality. According to the term, Kaixin will supply 1,200 sets police uniforms along with accessories and valued at RMB 467,600.00 (approximately USD 68,351.00). An additional supply agreement with Traffic Police Division, a sub-unit of Taihu County Public Security Bureau is expected to be signed at the end of September.Mr.Keyan Yan, Chief Executive Officer of the Company commented, "The collaboration with the government has introduced us to a new sale channel of uniforms including government uniforms and student uniforms. The Company will look into growing its busines Show less Read more
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