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505 — Asiamedic News Story

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Brief: Asiamedic Ltd to acquire Luyeellium Healthcare

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;))

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