Medstar is a supplier of specialist radiotherapy equipment to medical centres in hospitals in China. The Group generates revenues from operating leases through profit sharing agreements with hospitals and/or the sale of medical equipment to such hospitals. Medstar currently operates thirteen centres in nine Chinese cities, Beijing, Shanghai, Guangzhou, Shenyang, Zhengzhou, Jin Zhou, Fuzhou, Nanjing and Dongguan. The Group targets first tier hospitals which are typically located in larger cities, as well as the leading second tier hospitals in the provinces. Chinese expenditure on healthcare has increased from 3.2% of GDP in 1957 to 5.7% in 2003.

no ..... none of your biz just as it's none of mine if you want to put your money in this stock

Kong Yap, Chief Financial Officer of China Medstar, commented: "We are delighted
to be joining the Aim market. Our new shareholders have recognised the Group's
success to date gained through its unique business proposition that our
radiotherapy centres offer Chinese hospitals. We look forward to using the
funds to realise an exciting growth strategy that will further consolidate our
market leading position."