CRMI Acquires 55% Stake in Healthy & Beauty Well Medtech Development for HK$5,500
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China Regenerative Medicine International Limited (CRMI) has acquired a 55% stake in Healthy & Beauty Well Medtech Development Limited for HK$5,500 through its subsidiary, CRMI HK Investment Limited. The acquisition was made from China Star Entertainment (BVI) Limited, and the transaction was completed simultaneously with the signing of the agreement. Following the acquisition, CRMI HK will hold 55% equity, while China Star will hold 45%. Healthy & Beauty will act as an investment holding vehicle for projects in Macau.
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