YSB (HKG:9885) has completed the purchase of 85.64% equity stake in Folding Space (Cayman), with certain conditions for the acquisition of the remaining 14.36% interest pending, a Tuesday bourse filing said.
The pharmaceutical retailer had, in October, agreed to acquire the entire interest in the target company from its founders, investors, manager sellers, and target warrantor.
As part of the consideration as of now, the firm has allotted and issued a total of 31,678,555 shares to the sellers.
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