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Shanghai Pharmaceuticals Holding Co Ltd to Acquire Pharmaceutical Company from Shareholder


Friday, 25 Oct 2013 08:00pm EDT 

Shanghai Pharmaceuticals Holding Co Ltd announced that it has decided to acquire a 100% stake in a Hong Kong-based pharmaceutical company, which engages in the pharmaceutical export and import business, as well as real estate investment business, from the Company's controlling shareholder for not more than RMB 50.08 million in total.