LUNGYEN LIFE SERVICE CORPORATION (TT:5530) is a Taiwan-based publicly traded company principally engaged in the funeral business. The Company provides Chinese funeral ceremony as well as other relevant products and services, including pagoda services, cemetery services, living contracts services, funeral boutiques and funeral services. In addition, it is involved in the leasing and distribution of residential and commercial buildings, including housings, offices, stores, factories and parking lots, among others. The Company operates its businesses primarily in Taipei, Taiwan. On May 7, 2013, the Company announced that it has sold 16.35% stake of Asia Best Healthcare Co.,Ltd. After the transaction, the Company held no stake in Asia Best Healthcare Co.,Ltd.