TDL tbg diagnostics limited
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News: TDL TBG Diagnostics Announces Acquisition Of Zhangsha Zhangye Medical Laboratory Corp

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    17/12/18
    12:05
    Post #: 36880723

    Dec 17 (Reuters) - TBG Diagnostics Ltd (TDL) :

    • ACQUISITION OF ZHANGSHA ZHANGYE MEDICAL LABORATORY CORP
    • UNDER DEAL, CO TO TRANSFER 42.1% OF TBG XIAMEN IN SHARES TO FOUNDING SHAREHOLDERS OF ZHANGSHA ZHANGYE MEDICAL LABORATORY CORP
    • UNDER DONGYUAN DEAL, 11.25% SHARES OF TBG XIAMEN'S WILL BE ISSUED TO DONGYUAN FOR RMB 10.7 MILLION WHICH WILL BE REINVESTED IN TBG XIAMEN
    • AFTER COMPLETION OF TRANSACTIONS, COMPANY WILL HOLD 46.65 PERCENT OF EQUITY IN TBG XIAMEN
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