Lotus Health Group Company (SHSE:600186) entered into letter of intent to acquire 50% stake in Ajinoriki Msg (malaysia) Sdn. Bhd. from Loo Siew Kim and Kee Seok Chean on December 28, 2023.

As on August 1, 2023, Ajinoriki Msg (malaysia) Sdn. Bhd. generated total assets of CNY 13.01 billion, net assets of CNY 3.5 billion and operating income of CNY 21.5 billion and net profit of CNY 1.9 billion.