Reuters logo
BRIEF-Rui Kang Pharmaceutical Group Investments says disposal of Rui Kang Pharmaceutical shares by Wah Yan Healthcare
June 15, 2017 / 3:10 PM / 3 months ago

BRIEF-Rui Kang Pharmaceutical Group Investments says disposal of Rui Kang Pharmaceutical shares by Wah Yan Healthcare

June 15 (Reuters) - Rui Kang Pharmaceutical Group Investments Ltd

* Genius Lead and Wah Yan Healthcare entered into sale and purchase agreement

* Deal for consideration of hk$207.1 million (equivalent to hk$0.51 per sale share)

* Wah Yan Healthcare has conditionally to sell 406 million sale shares, representing 51.5% Rui Kang Pharmaceutical

* Estimated that Wah Yan Healthcare Group will record a gain of about hk$62.9 million as a result of disposal Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below