Signed a memorandum of understanding with Taiwan Sugar Corporation

Announcement Regarding the Signing of a Memorandum of Understanding (MOU) between the Company and its subsidiary, Life Spring Biotech and Taiwan Sugar Corporation.    

1. Date of Occurrence: May 14, 2016 2. Party to the Agreement or Commitment: Taiwan Sugar Corporation 3. Relationship with the Company: None 4. Dates of Agreement or Commitment (or Termination): May 14, 2016 to May 13, 2016 5. Main Contents (Not Applicable to the Terminating Party): Based on the safety assessment of animal tissue-derived raw materials and the control over the source of animal-derived raw materials, the Company and its subsidiary, Life Spring Biotech have signed a tripartite MOU with Taiwan Sugar Corporation. 6. Restrictive Clauses (Not Applicable to the Terminating Party): As stipulated in the Agreement. 7. Commitments (Not Applicable to the Terminating Party): As stipulated in the Agreement. 8. Other Important Agreed Matters (Not Applicable to the Terminating Party): As stipulated in the Agreement. 9. Impact on the Company's Finances and Business: This cooperation will strengthen the company's medium- and long-term operating momentum and will positively benefit the company's finances and business. 10. Specific Purpose: To strengthen business cooperation and enhance the company's competitiveness. 11. Other Matters to be Described (If the entity making the decision or the event is a publicly traded company, and this material information also meets the requirements of Article 7, Paragraph 8 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a significant impact on shareholders' equity or securities prices): None.


https://www.lsbiotek.com/view-news.php?id=32

2026-05-14