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Nusasiri acquires assets of Panacee Medical

Dec 25. 2018
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By The Nation

Nusasiri Plc reported to the Stock Exchange of Thailand yesterday that the company has acquired assets and disposition of the assets of Panacee Medical Hong Kong Co Ltd worth US$1 million (Bt32.5 million).

This is according to the company’s board approval to increase the investment proportion from the original 61 per cent to 78.57 per cent of the registered capital, as the board also approved the purchase of ordinary shares from the existing shareholders.

They also approved returning the unpaid portion, the amount of 1,393 shares at a price of $1 million at an exchange rate of $1 per, delivered 1,000 repurchased shares to Wang Jin and sell 500 shares at a price of $500,000 to Xie Feng.


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