Business
Expansion Of Business And Proposed Change of Name
Expansion Of Business And Proposed Change of Name.
About this update from Tian'an Pharmaceutical Co., Ltd.
[{"type":"text","content":"Expansion Of Business and Proposed Change Of NameSince the change of control and Board in February, the Company has been actively looking at expansion and investment opportunities, focusing on businesses operating in the sustainability sector, in particular: health and wellness; education; food and agriculture; sustainable technology; sustainable consumption; and financing solutions.The Company has entered discussions with, and is currently performing due diligence on, several businesses, with a view to making investments in those businesses once negotiations and due diligence have concluded. The first proposed investments are in education and land remediation, in the US and China, reflecting the model going forward for the Company of using technology, products and expertise from developed markets and sectors in higher growth emerging markets and sectors, and operating globally.As part of the Company's expansion, we are bringing in industry and regional specialists for the various divisions and countries where we will be investing and operating. We will also be changing the Company's name to better reflect the Company's activities, and increasing the Company's authorized and issued share capital to fund the new investments and activities.Simon Littlewood, President, commented: \"The sustainable and impact investing sector is one of the fastest growing, as people become increasingly aware of and concerned about the growing impact of climate change both on their lives, and the value of businesses and assets. But with many of the technologies and projects that can make a positive difference located in Emerging Markets or sectors, or with unproven technology, or too small or long term to meet the needs of institutional and other investors, there has often been a problem matching the capital with the projects and entrepreneurs. With our teams' decades of experience in both emerging markets and the sustainable sector; the new financing tools that are becoming available as a result of blockchain, cryptocurrency and digitalization of assets; and the huge advancements we are seeing in both the development and deployment of technology, particularly from China's growth and spread into global markets thru the One Belt One Road project, we are seeking to put the Company in a position where it will be able to bot...