Northeast Tiger Buys Forest Land Rights for 173.5 Million Yuan

Sept. 30 (Bloomberg) -- 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.

Link to Statement:{NSN L9K81M3PR6RM <GO>}

Link to Company News:{8197 HK <Equity> CN <GO>}

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