Jiwa Bio-Pharm Holdings Limited has sold a majority stake to U-Home Group International Ltd.
U-Home Group International Litd. has acquired 72.19% of the issued share capital in Jiwa Bio-Pharm Holdings Limited, for a consideration of US$35.9 million.
The company trades in pharmaceutical and healthcare products, research and development of chemical and biological products, and investment and treasury functions.
U-Home Group International Ltd. is a company owned by Yuhua Enterprises Co Ltd.
Oaklins' team in Hong Kong acted as financial advisor to Jiwa Bio-Pharm Holdings Limited regarding this transaction.
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