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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who started this subject	3/24/2004 2:38:45 PM
From: Gib Bogle	Read Replies (2) of 1992

Julius, you might want to consider adding DRUG to the portfolio, in the light of this news release: biz.yahoo.com Dragon Announces a Proposed Merger with a Profitable, Fully-integrated Pharmaceutical Company Wednesday March 24, 8:03 am ET VANCOUVER, March 24 /PRNewswire-FirstCall/ - Dragon Pharmaceutical Inc. (TSX: DDD, OTC BB: DRUG) ("Dragon") is pleased to announce that it has entered into a letter of intent to combine with Oriental Wave Holding Ltd ("Oriental Wave") and its subsidiary (together as "Oriental Wave Group") in a merger by which Dragon shareholders would own 31.65% of the new entity and Oriental Wave Holding Ltd. shareholders would own 68.35% of the new entity. ("Proposed Transaction") Completion of the Proposed Transaction is subject to a number of conditions including the completion of a definitive agreement and all required regulatory and shareholder approvals. Dragon and Oriental Wave are unaffiliated and the terms of the Letter of Intent were negotiated at arm's length. Gib

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