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$CN HEALTH TECH (01069.HK)$ Baosha Development plans to acqu...

$CN HEALTH TECH(01069.HK)$ Baosha Development plans to acquire 52% of the shares in Jiashisen Traditional Chinese Medicine Comprehensive Development in Liuba County and resumed trading on September 11
新浪港股· 20:231min
Target(TGT.US)
123.690
123.590
-0.62%
-0.08%Post
BOZZA DEVELOP(01069.HK)
0.415
-70.57%
Baosha Development (01069) announced that on August 16, 2023, the company intends to acquire 52% of the shares of the target company (Liuba Jiashisen Traditional Chinese Medicine Comprehensive Development Co., Ltd.) from the seller (Shaanxi Jiashisen Pharmaceutical Investment Co., Ltd.) at a cost of RMB 7.128,700.
The company's main activity is investing in holdings. The Group is mainly engaged in forestry management (that is, planting, harvesting and sales of wood-related products), ginsenger-related business (that is, planting and selling ginseng), and investment holding.
Furthermore, the company has applied to the Stock Exchange to resume trading of shares with effect from 9:00 a.m. on September 11, 2023.
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