Brief: Biostar Pharmaceuticals signs a letter of intent to acquire Xianyang Yongsheng Health Products Co Ltd

Biostar Pharmaceuticals

22/09/2016 13:01

Sept 22 (Reuters) - Biostar Pharmaceuticals Inc  BSPM.O  
    * Biostar Pharmaceuticals signs a letter of intent to 
acquire Xianyang Yongsheng Health Products Co Ltd 
    * To buy 100% of equity interest in Xianyang Yongsheng in 
exchange for cash payment, issuance of shares of Biostar's 
restricted common stock 
    * Companies seek to complete this transaction in second half 
of 2016 
 
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