Dec 31 2011
Golden Meditech Holdings Limited ("Golden Meditech" or the "Group," - 801.HK; 910801.TW), China's leading integrated healthcare enterprise, today announced that the Group has been repurchasing its shares from the market in the month of December 2011, accumulating a total of 58,104,000 shares in December 2011, equivalent to 2.84% of the Group's total outstanding shares as of today at a weighted average price of HK$0.84 per share.
Mr. KAM Yuen, Chairman and Chief Executive Officer of the Group, commented, "The Group has made significant progress across various business segments that has not been reflected in its weaker share price. To illustrate our strong confidence in the value of the underlying businesses, reciprocate our shareholders, and capitalize on a weaker capitals market, the Group has continued to repurchase it shares from the open market."
Source:
Golden Meditech Holdings Limited