Thanks @Captain Blood and @more4less
The India/Taiwan deal comes under 100% Gmed Asia (HK),
which holds 70% of GYIM (HK IPO $260m candidate)
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Primza
U$4.05m, over 3 years
2.7m units (2.45m+0.25m)
= US$150 ea
= A$200 ea.
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UNION BRIDGE HOLDINGS LTD. :
Entry into a Material Definitive Agreement (form 8-K)
11/15/2017 |
Item 1.01 Entry into a Material Definitive Agreement.
On November 3, 2017,
First Channel Limited ("FCL"), a wholly owned subsidiary of Union Bridge Holdings Limited (the "Company"), entered into two binding Memoranda of Understanding (the "MOUs") with
G Medical Innovations Asia Limited ("G Medical Asia"),
a Hong Kong company,
for the distribution of G Medical Asia's Prizma Medical Smartphone Cover and its related services in India and Taiwan. The Prizma device has US Food and Drug Administration clearance and European Union CE Mark approval.
The MOUs obligate the parties to hold good faith negotiations in order to execute binding definitive agreements. Under the definitive agreements, FCL will
purchase over three years 2,250,000 Prizma units for distribution in India and 450,000 units for distribution in Taiwan, at a fixed price subject to further negotiation......
https://www.marketscreener.com/UNIO...erial-Definitive-Agreement-form-8-K-25513868/
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more4less
.
Date: 13/04/18
Time:00:49:12
Post #:
32424352
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Once CFDA is approved , the factory will be working over time to meet demand.
Close to 1 billion in MOU
One of those MOU with FCL will be to purchase over three years 2,250,000 Prizma units for distribution in India and 450,000 units for distribution in Taiwan
FCL parent company is Union Bridge Holdings Limited (UBHL) Union Bridge Holding have just signed a head of terms for a nursing home facility in Thailand for approximately 400 residents.
https://www.prnewswire.com/news-rel...n-chiang-mai-province-thailand-300622635.html
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