Dec 9 (Reuters) - Traditional Therapy Clinics Ltd (TTC) :
- TTC acquires an additional clinic
- Entered into a contract to acquire an additional clinic from its franchised clinic base
- Total purchase price represents an average ebitda multiple of 3.2 based on clinic's earnings in 2016 financial year
- Purchase price for new clinic will be paid in cash by ttc and totals rmb 6.9 million
