03:48 PM EST - Pacrim International Capital Inc. : holds 46% of the outstanding shares of Pacrim International Capital Holdings Inc., which in turn has an indirect 75.07% interest in Wah Sang Paper Products (Shenzhen) Co. Ltd., a packaging company in the People's Republic of China. Pacrim is pleased to announce that WSPP has signed an exclusive marketing agreement with Netherlands-based Smurfit Kappa Solid Board Mills, a division of Smurfit Kappa Group, for the mutual development of the market in China for solid board packaging products. Pacrim International Capital Inc.
shares T.PCN are trading even at $0.50.
