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BRIEF-Kaisa Group Says Unit To Buy 18.57 Pct Interest In Zhenxing Biopharmaceutical & Chemical Co​
November 29, 2017 / 1:15 AM / 13 days ago

BRIEF-Kaisa Group Says Unit To Buy 18.57 Pct Interest In Zhenxing Biopharmaceutical & Chemical Co​

Nov 29 (Reuters) - Kaisa Group Holdings Ltd:

* ‍ANNOUNCES ACQUISITION OF AN APPROXIMATELY 18.57% INTEREST IN ZHENXING BIOPHARMACEUTICAL & CHEMICAL CO​

* ‍TOTAL CONSIDERATION FOR TRANSACTION IS ABOUT RMB2.187 BILLION (INCLUDING REPAYMENT OF LOAN)​

* ‍UNIT SHENZHEN SHIPPING HEALTH TECHNOLOGY TO PURCHASE ABOUT 18.57% IN ISSUED SHARE CAPITAL OF ZHENXING BIOPHARMACEUTICAL & CHEMICAL CO.​ Source text for Eikon: Further company coverage:

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