JBM (Healthcare) Ltd. has announced that Europharm and Europharm HK have entered into the 2025 Europharm License Agreement on 28 October 2025. Under this agreement, Europharm will grant a license to Europharm HK to use a portion of the Factory from 1 December 2025 to 27 January 2028, for a monthly license fee of HK$247,000. The agreement follows the expiration of the previous license on 30 November 2025. The directors of both Jacobson and JBM, including their independent non-executive directors, consider the terms of the agreement to be fair, reasonable, on normal commercial terms, and in the best interests of the companies and their shareholders. Certain directors abstained from voting on the relevant board resolutions to avoid potential conflicts of interest.
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