Navigation Links
Town Health and Ping An Insurance (Group) Company of China, Ltd. Join Forces to Develop and Manage Clinic Chain in Pearl River Delta Area
Date:4/9/2008

nvest equally (50:50) to the Ping An trust scheme agreement, in its capacity as trustee for the implementation of the clinic project by acquiring of initially 80% equity interest in the Joint Venture Company ("Joint Venture Company"). Upon the indirect acquisition of 40% equity interest in the Joint Venture Company, it is the intention of the Group to treat such acquisition as an investment in an associated company.

The Joint Venture Company will participate in the operation of the clinic chain. It will principally be engaged in the operation and management of medical institutes, including but not limited to medical institutes, community clinics and chain clinics in Guangdong Province of the PRC.

Guangdong Town Health (being an agent of the Company) and Ping An Trust Co. will enter into the trust scheme agreement for a term of 10 years. Pursuant to the trust scheme agreement, Guangdong Town Health and a qualified Ping An subsidiary company shall establish a special trust with an initial fund of RMB 300 million (equivalent to approximately HK$330 million), which will be contributed by a qualified Ping An subsidiary company and Guangdong Town Health in cash in two tranches on 1:1 ratio (each party to duly make its contribution of RMB150 million). Depending on the funding requirements of the Joint Venture Company in future, the total fund of Ping An Trust may be increased to RMB500 million, subject to approval by the parties to the framework agreement and board of directors of the Joint Venture Company.

Town Health to Enter into the Management Consultancy Agreement with the Joint Venture Company

After the Joint Venture Company has been established, the Group or its nominee shall enter into a management consultancy agreement with the Joint Venture Company for a term of 5 years. According to the management consultancy agreement, the Group or its nominee shall provide consultancy and management services to all the chain clinics operated by the
'/>"/>

SOURCE Town Health International Holdings Co. Ltd.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine news :

1. Penn study finds pro-death proteins required to regulate healthy immune function
2. UCLA researchers identify markers that may predict diabetes in still-healthy people
3. Air pollution linked to cardiovascular risk indices in healthy young adults
4. More proof needed of safety and quality of electronic personal health records
5. Health care incentive model offers collaborative approach
6. Loneliness is bad for your health
7. Mailman School of Public Health study examines link between racial discrimination and substance use
8. Green Tea May Brew Up Healthier Skin
9. For Health Info, Women Often Turn to the Web
10. Record Number of Americans Lack Health Insurance
11. U.S. Research Funding Continues to Flatten as U.S. Health Costs Climb - in August 31 Science
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... Deer Path of Huntley -- a BMA affordable assisted living ... p.m. to 4 p.m. on Feb. 13. , The community, which ... with physical disabilities between the ages of 22 and 64. , ... sweetheart-themed karaoke. , For more information about the event or Deer ...
(Date:1/22/2015)... 22, 2015 Woodloch Pines, an all-inclusive ... selected by TripAdvisor as the number one best large hotel ... in the world for their annual Travelers’ Choice Awards. ... . The website is home to millions of unbiased and ...
(Date:1/22/2015)... Angelweddingdress is a famous wedding dress company offering many trendy ... on Facebook, Twitter, and Pinterest. The fans will have an ... lottery every week. , Moreover, the company has extended its ... Angelweddingdress homepage for more information. , Angelweddingdress is ...
(Date:1/22/2015)... TX (PRWEB) January 22, 2015 A ... issue of experience and person-centeredness in the long-term care ... towards action across the continuum. The paper, “The Power ... Continuum,” engages perspectives and practices of the patient, resident ...
(Date:1/22/2015)... NJ (PRWEB) January 22, 2015 Joan ... and keynote speaker at the upcoming 32nd Annual ... ACCME-accredited Physicians’ Education Resource®, LLC (PER®) , shares ... would have gone undetected if she had not followed ...
Breaking Medicine News(10 mins):Health News:Deer Path of Huntley Affordable Assisted Living to Host Valentine's Day Happy Hour 2Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 2Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 3Health News:Angelweddingdress Invites Its Customers To Follow It On Facebook, Twitter, And Pinterest 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 3Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 2Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 3Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 4Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 5Health News:Joan Lunden Reveals Diagnostic Approach That Led To Early Detection;To Keynote 32nd Annual Miami Breast Cancer Conference® 6
... Humans see color thanks to cone cells, specialized light-sensing neurons ... eyeball. The actual light-sensing section of these cells is called ... of stacked discs, each about 30 nanometers (billionths of a ... Scientists believe that a better understanding of how and why ...
... an associate professor of epidemiology at Boston University,s Slone ... grants from the National Institutes of Health. The first ... Environmental Health Sciences that will study air pollution and ... women. The second award is for a three-year study ...
... for Molecular Medicine (MDC) Berlin-Buch have found out why ... of the world,s most unusual mammals, feels no pain ... packed in narrow dark burrows where ambient carbon dioxide ... is converted into acid, which continuously activates pain sensors. ...
... "disarray and dysfunction" jeopardize access to medical care ... military families, said the American College of Physicians ... with House and Senate leadership. ACP is ... membership organizationin the United States, representing 132,000 internal ...
... early kidney injuries in people, doctors monitor blood level ... to understand the severity of the injury. Creatinine is ... indication of early damage to vital kidney function. For ... researchers have found that even tiny increases of creatinine ...
... MONDAY, Dec. 19 (HealthDay News) -- ,A new study finds ... one of the most aggressive forms of skin cancer. The ... Cutaneous melanoma is the fifth most commonly diagnosed cancer in ... U.S. women. Incidence of the cancer is increasing, and death ...
Cached Medicine News:Health News:Nanometer-scale growth of cone cells tracked in living human eye 2Health News:Boston University researcher awarded 2 NIH grants 2Health News:MDC researchers: Ion channel makes African naked mole-rat insensitive to acid-induced pain 2Health News:MDC researchers: Ion channel makes African naked mole-rat insensitive to acid-induced pain 3Health News:Congress' 'disarray' makes it 'likely' that 27 percent Medicare cut will go in effect 2Health News:MU researchers find pet kidney injuries are similar to human kidney injuries 2Health News:Previous Cancer May Up Melanoma Risk 2
(Date:1/23/2015)... , Jan. 23, 2015  Today the U.S. Food and ... for the prevention of serogroup B meningococcal disease ... Pfizer,s vaccine Trumenba®, which received FDA approval in October, ... devastating disease. "I have heard over ...
(Date:1/23/2015)... Iowa , Jan. 23, 2015  The Partnership to Fight Chronic ... health care leaders and a new study analyzing the ... The PFCD is a nationwide coalition working to educate policy makers ... released at the Capitol was focused on how the ...
(Date:1/23/2015)... , Jan. 23, 2015 More than a third ... quarter of those with private insurance, filled a prescription for ... a report in this week,s Morbidity and Mortality Weekly Report ... care providers to treat moderate to severe pain.  They are ...
Breaking Medicine Technology:The National Meningitis Association (NMA) Applauds FDA Approval of Second Vaccine To Protect Against Serogroup B Meningococcal Disease 2New research shows Iowa health exchange would benefit from improvements 2New research shows Iowa health exchange would benefit from improvements 3Opioid painkillers widely prescribed among reproductive age women 2Opioid painkillers widely prescribed among reproductive age women 3
Aplicare's disposable 1-ounce pouches are designed for individual application and are ideal for reducing waste. They are used in nursing homes, home healthcare settings, blood banks, laboratories, em...
... disposable 1-ounce pouches are designed for individual ... They are used in nursing homes, home ... and many other hospital departments. This unit ... a mild antiseptic, germicidal and cleansing agent. ...
... a gentle and effective surgical scrub with ... Iodine is known to kill skin surface ... viruses, protozoa and yeasts. It produces a ... patient pre-operative prepping, as well as for ...
... is appropriate for pre-surgical patient preparation ... spray); disinfecting of wounds and burns; ... and abrasions. It also acts as ... and office procedures, providing protection against ...
Medicine Products: