Advanced Biomed Signs Share Purchase Agreement With Wei Ha Hui
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Advanced Biomed has signed a Share Purchase Agreement to sell 100% of its subsidiary, Advanced Biomed (HK), to Wei Ha Hui for $23,000. The transaction, which closed on December 23, 2025, includes the transfer of all related intellectual property and assets from Shanghai Sglcell Biotech. The board unanimously approved the deal as part of the company's strategy to divest non-core subsidiaries and streamline operations. The original SEC filing was made on December 30, 2025.
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