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BRIEF-Northeast Tiger Pharmaceutical entered assets transfer agreement for RMB48.8 mln
November 29, 2016 / 9:50 AM / a year ago

BRIEF-Northeast Tiger Pharmaceutical entered assets transfer agreement for RMB48.8 mln

Nov 29 (Reuters) - Northeast Tiger Pharmaceutical Co Ltd

* Company entered into assets transfer agreement as vendor

* Purchaser to dispose of assets at aggregate consideration of rmb48.8 million

* Proceeds from disposal will be used for acquiring business premises as group’s headquarter in beijing, prc

* Group is expected to realise a gain of approximately rmb15.3 million as a result of disposal.

* Purchaser is Jilin Chun Hua Qiu Shi Agricultural Development Co Source text for Eikon: Further company coverage:

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