China NT Pharma Group Company (HKG:1011) agreed to acquire three private companies for a total of 116.2 million yuan, according to a Monday filing with the Hong Kong bourse.
The three companies are Binbinwenhua Trading, Nianhua Trading and Zhong He Jing Lin Trading, the filing said.
The total consideration for this acquisition will be settled by issuing consideration shares of the company, according to the disclosure.
The shares will be issued under a specific mandate, pending shareholder approval at an upcoming extraordinary general meeting.
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