BC’s GLG Life Receives Chinese OK for Joint Stock Company

Richmond, B.C.-headquartered GLG Life Tech Corp., a manufacturer of natural sweeteners, has completed regulatory approvals of its joint stock company status in China and has formally registered the GLG-controlled new subsidiary, Anhui Runhai Biotechnology Joint Stock Company Ltd. This formal approval of the Joint Stock Company is critical to the second phase of GLG Life's debt restructure, and allows the firm to add new China-based investors. GLG Life Tech Corporation is a global supplier of high-purity zero calorie natural sweeteners, including stevia and monk fruit extracts used in food and beverages.

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