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Northeast Tiger Buys Forest Land Rights in Jilin for 173.5 Million Yuan

Northeast Tiger Pharmaceutical Co. will buy 70-year rights to 2,529.6 hectares of forest land containing ginseng in China’s northeast province of Jilin for 173.5 million yuan, the company said in a Hong Kong stock exchange filing today.

To contact the editor responsible for this story: Joshua Fellman at jfellman@bloomberg.net

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