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Town Health and Ping An Insurance (Group) Company of China, Ltd. Join Forces to Develop and Manage Clinic Chain in Pearl River Delta Area

ng to enter into the health check and medical diagnostic services industry in mainland China, which is also the first wholly-foreign enterprise with approved business scope to accept management and consultancy jobs for medical institutes in Guangdong Province. Core Healthcare Investment Holdings Ltd. (SEHK: 8250) participates in the pharmaceutical business and distribution network in China.

Attachment: Changes on Shareholdings Structure of the Company

The shareholding structure of the Company as at the date of this announcement and immediately upon the full exercise of the Call Option is set out as follows:

Shareholding structure

Existing immediately upon full

shareholding structure exercise of the Call Option

Number of % of total Number of % of total

Shares held issued Shares Shares held issued Shares

Broad Idea



(note 1) 7,890,742,353 46.50% 7,890,742,353 38.75%

Ping An Group

(note 2) -- -- 3,393,583,143 16.67%

Public 9,077,173,371 53.50% 9,077,173,371 44.58%

Total 16,967,915,724 100.00% 20,361,498,867 100.00%


(1) 50.1% of the issued share capital of Broad Idea International Limited

is owned by Dr. Cho Kwai Chee, an executive Director, whilst 49.9% of

the issued share capital of Broad Idea International Limited is owned

by Dr. Francis Choi Chee Ming, JP, a non-executive Director.

(2) Pursuant to the Call Option Agreement, Ping An Trust Co. shall not be

interested in 20% or more of the issued Shares from time to time.

For further information, please contact:

PR ASIA Consultants Limited

Ms. Alice Li / Ms. Maggie Zha'/>"/>

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

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