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AJJ Asian American Medical News Story

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Brief: Asian American Medical Group says unit to subscribe 19.4 mln shares in Hippocrates Development

Oct 23 (Reuters) - Asian American Medical Group Ltd  AJJ.AX  
    * Unit to subscribe for 19.4 million shares at 1 Rgt per 
share , in Hippocrates Development SDN BHD 
    * Deal will be satisfied by payment of 5.6 million Rgt in 
cash and 13.8 million Rgt by issuance of new shares of co 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nASXmGTqy 
Further company coverage:  AJJ.AX  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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