Jan 20 (Reuters) - Asiamedic Limited ASIM.SI :
* Proposed Acquisition Of Luyeellium Healthcare Co., Ltd
* Deal for purchase consideration of renminbi 131.60 million
* Entered into a binding term sheet with Luye Medicals
Group, Park Hee Seok,Hong Yong Su and Choi Jin Seok
* Term sheet in relation to proposed acquisition of entire
issued and paid-up share capital of Luyeellium Healthcare
Source text for Eikon: urn:newsml:reuters.com:*:nSNZMpM5D
Further company coverage: ASIM.SI
((Bangalore.newsroom@thomsonreuters.com;))