December 7, 2016 / 12:10 PM / 8 months ago

BRIEF-Zhejiang Conba Pharma to sell stake in pharma firm for 345.1 mln yuan

1 Min Read

Dec 7 (Reuters) - Zhejiang Conba Pharmaceutical Co Ltd

* Says it cuts share issue size to 1.1 billion yuan ($159.88 million) from 1.3 billion yuan

* Says it plans to sell 57.3 percent stake in pharma firm for 345.1 million yuan

Source text in Chinese: bit.ly/2h5E0C2; bit.ly/2h2jba1

Further company coverage: ($1 = 6.8800 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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