Tung Fong Hung set to put its case

PUBLISHED : Thursday, 05 September, 1996, 12:00am
UPDATED : Thursday, 05 September, 1996, 12:00am

Chinese medicine and property investment company Tung Fong Hung (Holdings) says it will submit a proposal to the stock exchange showing how its business will differ from newly acquired Nam Pei Hong, a fellow Chinese medicine company.

Tung Fong Hung financial controller Julia Cheung said yesterday the firm would also clarify details of the takeover. Tung Fong Hung took control of Nam Pei Hong last month.