Popular Pharmaceuticals Ltd. (PPL) has entered into an equity participation agreement with Brummer Frontier PE (Mauritius) Limited on September 2012. According to the agreement Brummer Frontier PE (Mauritius) Limited invested in Popular by way of subscription in share. The purpose of this investment was to develop the company by facilitating planned expansion of the company towards maximization of potential and shareholders’ value.
Certain Defined Terms and Conventions
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