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

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.