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Lianluo Smart Ltd (LLIT.OQ)

LLIT.OQ on NASDAQ Stock Exchange Capital Market

22 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Lianluo Smart announces sale of wholly owned unit Beijing Dehaier Medical Technology Co
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Lianluo Smart Ltd :Lianluo Smart Limited announces sale of wholly owned subsidiary Beijing Dehaier Medical Technology Co., Ltd..Lianluo Smart Ltd - ‍Expects sale price for BDL will be approximately RMB10 million​.Lianluo Smart Ltd - ‍ Prior to selling BDL, co's sleep diagnosis and smart medical service related assets will be transferred to another unit of co.Lianluo Smart-Transaction to significantly reduce amortization of fixed assets, intangible assets, personnel and labor costs of related product lines​.  Full Article

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