Categories: News

Jacobson Pharma�s Proposed Spin-off and Separate Listing of JBM (Healthcare) Limited on The Main Board of The Stock Exchange of Hong Kong Limited

Declaration of Conditional Special Interim Dividend

HONG KONG SAR - Media OutReach - 15 January 2021 – Jacobson Pharma Corporation Limited (“Jacobson Pharma” or the “Company”; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced the declaration of a conditional special interim dividend by way of a distribution in specie of an aggregate of 241,777,625 JBM Shares, representing approximately 27.1% of the total number of JBM Shares in issue immediately upon completion of the proposed spin-off, to the qualifying shareholders.

 

As of today, the total number of issued shares of the Company (“Shares”) is 1,934,221,000. Assuming there is no change in the total number of shares from today up to 29 January 2021 (the “Record Date”), the qualifying shareholders will receive one JBM Share for every eight Shares held on the Record Date.

 

The distribution is conditional on the public offer becoming unconditional in all respects. If such condition is not satisfied, the proposed spin-off will not take place and the distribution will not be made.

 

For more details, please refer to the link of announcement: https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0115/2021011501333.pdf

About Jacobson Pharma Corporation Limited (????????????Stock Code: 2633)

Jacobson Pharma is a leading generic drug company in Hong Kong. The Group also carries a portfolio of proprietary brands, notably Po Chai Pills (?????), Ho Chai Kung TjiThung San (??????????), Contractubex Scar Gel (???????), Flying Eagle Woodlok Oil (???????), Tong Tai Chung Woodlok Oil (????????), Doan’s Ointment (???????), Saplingtan (?????), Shiling Oil (?????) and Col-gan Tablet (?????), which have been widely recognised by the market. In the strategic expansion of its branded healthcare business platform, the Group has introduced health and wellness brands and products such as Dr. Freeman®Flu/RSV Combo (?Dr. Freeman??®??????????????????), SmartfishHealth Nutrition Products (?Smartfish???????), Dr. Freeman® Infection Control Product Series (?Dr. Freeman??®?????????) and Dr Freeman COVID-19 Rapid Test Kit (?Dr. Freeman??®COVID-19???????), among other reputable brands represented in overseas markets such as Excilor and Weisen-U.

 

The Group aims at the continued strategic enrichment of both of its generic drug and branded healthcare portfolios through the addition of high value-added products. With its corporate headquarters based in Hong Kong, the Group has also established its operating subsidiaries in China, Macau, Taiwan, Singapore and Cambodia forming a regional commercial platform to tap the market potential in the Asia Pacific and Greater China region. Jacobson Pharma has been a constituent stock of MSCI Hong Kong Micro Cap Index since 1 June 2017. For more details about Jacobson Pharma, please visit the Group’s website: http://www.jacobsonpharma.com

 

Miscw.com

Recent Posts

Hong Kong’s premier ink art event UOB Art in Ink Festival returns this December, fostering art inclusivity

HONG KONG SAR - Media OutReach Newswire - 21 November 2024 - UOB Art Academy…

8 hours ago

Arbor Partners With Japanese Aomori Prefecture To Unveil A New Japanese-French Culinary Feast

HONG KONG SAR - Media OutReach Newswire - 21 November 202 - Aomori Crafts from…

8 hours ago

Beloved Disney ∙ Pixar Characters Come to Life as 10 FURRY NICE Collectible Furry Friend Sets at 7-Eleven

Collect FunStamps on the New 7-Eleven App and Redeem for FREE HONG KONG SAR -…

8 hours ago

Anglo-Chinese School Students Crowned as the Grand Winner of the Samsung Solve for Tomorrow 2024 Competition

Their project, SilentGuide, is a pair of smart glasses that transcribes spoken words into subtitles,…

11 hours ago

Avenue K Transforms Into A Spectacular Winter Forest

Whimsical White Christmas KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 21 November 2024 –…

11 hours ago

Dusit International champions local culinary excellence with sponsorship of The Maverick Academy on Netflix

New reality show connects regional culinary talent with global opportunities in an exciting competition. BANGKOK,…

11 hours ago