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Wednesday, June 1, 2011
On May 31, 2011, we entered into a cancellation agreement with Well Talent Technology Limited pursuant to which we cancelled our agreement dated July 9, 2010 with Well Talent Technology for the sale and purchase of the shares and shareholders’ loans of our two subsidiaries, Roots Biopark Limited and Biopack (Intellectual Property) Limited. In the cancellation agreement, each of Well Talent Technology and our company agreed to release the other from any claims under the cancelled agreement.
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