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Shanghai Century Buys Sichuan Kelun

publication date: Jun 5, 2007
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AMEX-listed Special Acquisition Corporation Makes Deal for Chinese Pharma -- Shanghai Century Acquisition Corporation (SHA), a special-purpose acquisition company, or SPAC, listed on the American Stock Exchange, reached an agreement to buy Sichuan Kelun Pharmaceutical Co., Ltd. Kelun is the largest producer of intravenous (IV) solution products in China. After completion of the deal, Shanghai Century will become known as China Kelun Pharmaceutical Corporation. More details...



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