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BRIEF-Zhongyuan Union Cell&Gene Engineering to buy 28 pct share in Shenzhen-based investment LP
March 27, 2017 / 6:04 AM / 6 months ago

BRIEF-Zhongyuan Union Cell&Gene Engineering to buy 28 pct share in Shenzhen-based investment LP

March 24 (Reuters) - Zhongyuan Union Cell & Gene Engineering Corp Ltd :

* Says it will buy 28 percent share in a Shenzhen-based investment limited partnership from a bio-tech company

* Transaction amount is 17.8 million yuan for the 21 million yuan worth of actual capital contribution in the first phase

* It will invest additional 49 million yuan as capital contribution according to partnership agreement, for the second phase

Source text in Chinese: goo.gl/39bm84

Further company coverage: (Beijing Headline News)

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