Brief: Lansen Pharma updates on adminstrative penalty imposed on Ningbo Liwah

Lansen Pharmaceutical Holdings

29/12/2015 08:37

Dec 29 (Reuters) - Lansen Pharmaceutical Holdings Ltd  0503.HK : 
 * Pharma-inside information in relation to an adminstrative penalty imposed on Ningbo liwah  0503.HK  
 * Says administrative penalty on Ningbo liwah is required to be settled by three instalment payments 
 * Amount of the administrative penalty will be reflected in the profit and loss of the group for the year 2015 
 * Says the company is actively seeking acquisition opportunities of plant extract and healthcare business 
 * penalty will be reflected in the profit and loss of the group for the year 2015 but will have minimum impact on the group's cashflow 
 * Source text for Eikon  ID:nHKS12k2cn  
 
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