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Eu Yan Sang to get US$35m via JV with HCare to expand into China

TCM EXPANSION: The new joint venture firm, Eu Yan Sang China Holdings, will be the exclusive platform of the Eu Yan Sang brand in China.


EU Yan Sang International (EYSI) will receive funding of up to US$35 million from HCare Investments Holding Ltd through a joint venture agreement, as the health and wellness group moves to make further inroads in China.

In a filing to the Singapore Exchange (SGX) on...