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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Synergy Healthcare - Expansion into China

July 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SYR
  • Price:
  • 852p
Synergy Healthcare is to sign an agreement to build a £10m medical device sterilisation facility in Suzhou, China. This new 33,000 sq. metre site will be one of the company’s largest facilities incorporating gamma irradiation, ethylene oxide sterilisation and laboratory and logistics services for medical device manufacturers. The site is expected to open in the first half of 2008.Separately, Synergy is in advance discussions to invest up to £5m to establish hospital sterilisation services in Beijing to assist the Chinese Ministry of Health with a modernisation program of its hospitals. Synergy plans to build a 3,000 sq. metre site modelled on an existing centre in East London.This expansion is clearly a lo ...

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