Oriental Redwood, a Taiwanese company, is proceeding with plans to list in the US. The company anticipates turnover could be RMB 2-5 billion within 5 years.

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Oriental Redwood plans US listing

Oriental Redwood, a Taiwanese company, is proceeding with plans to list in the US, ITTO reports.

Oriental Redwood has built redwood sales outlets in several US cities the largest extending over almost 10,000 square metres. The company anticipates turnover could be RMB 2-5 billion within 5 years.

Oriental Redwood was established in 1962 in Taiwan P.o.C and has been purchasing furniture in Beijing, Suzhou, Shenzhen and Taishan cities since 1979 for export to the US and Southeast Asia.