|By ACN Newswire||
|July 9, 2014 12:34 AM EDT||
Target Asset Management Pte., Ltd, as one of the major shareholders, has hold Jintian Pharma since the IPO and steadily increases the position. According to the shareholding disclosure from HKEX on June 27, TAM invested HKD $5.1 million in order to long 2.08 million shares of Jintian Pharma (with the average price of HKD $2.45 per share).TAM's ownership is now 102 million shares or 5.09% of the issued share capital of the company. It is the first time that the ownership of Jintian has been disclosed, which also indicated that TAM feels optimistic towards the business model and the prospects of Jintian Pharmaceutical Group.
On 12 June, Jintian Pharma was authorized as the general distributor of McJayden in the Greater China Region, and on 22 June, through acquisition, Jintian Pharma became interested in the entire equity interest of Wei Kang which Jintian Pharma has held 64% equity interest in. With a series of cooperation and acquisitions, the company continues to expand its product mix and retail network, leading deeper and broader integration of pharmaceutical value chain in the PRC and attract more institutional investors.
Copyright 2014 ACN Newswire. All rights reserved.
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Aug. 24, 2016 02:15 PM EDT Reads: 1,425
Aug. 24, 2016 02:00 PM EDT Reads: 1,817
Aug. 24, 2016 02:00 PM EDT Reads: 380
Aug. 24, 2016 12:30 PM EDT Reads: 2,527
Aug. 24, 2016 12:15 PM EDT Reads: 1,787
Aug. 24, 2016 12:00 PM EDT Reads: 3,830
Aug. 24, 2016 11:45 AM EDT Reads: 3,342
Aug. 24, 2016 11:45 AM EDT Reads: 1,426
Aug. 24, 2016 11:00 AM EDT Reads: 379
Aug. 24, 2016 11:00 AM EDT Reads: 2,078
Aug. 24, 2016 10:48 AM EDT Reads: 341
Aug. 24, 2016 10:45 AM EDT Reads: 1,788
Aug. 24, 2016 10:30 AM EDT Reads: 448
Aug. 24, 2016 10:19 AM EDT Reads: 304
Aug. 24, 2016 10:00 AM EDT Reads: 444