Corporate Announcement
Security Code : 539787    Company : HCG    
 
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsDownload PDF Download XBRL
  Exchange Received Time  09/02/2018 19:59:20         Exchange Disseminated Time   09/02/2018 19:59:27              Time Taken   00:00:07
In continuation of the intimation made to the stock exchanges on January 03, 2018, on the execution of Business Transfer Agreement, Share Subscription Agreement and Shareholders 'Agreement by the Company with Strand Life Sciences, we wish to inform you that, the transaction under the Business Transfer Agreement and the Share Subscription Agreement has been completed.

Further, we would like to inform you that Strand Life Sciences has received investments from Taurus QC Investment Holdings Pte Ltd and Healthquad Fund I; and the shareholding of the Company in Strand Life Sciences stands at 38.2% on a fully diluted basis.
 

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