January 23, 2018 / 3:05 PM / in 3 months

BRIEF-Livzon Pharmaceutical Group Announces Proposed Cash Dividend Distribution & Share Issue

Jan 23 (Reuters) - Livzon Pharmaceutical Group Inc :

* ‍RECEIVED NOTICE FROM SHAREHOLDER PROPOSING ISSUE OF 3 BONUS SHARES FOR EVERY 10 SHARES TO ALL SHAREHOLDERS

* PROPOSED ISSUE OF 166 MILLION SHARES FOR ‍RMB1.11 BILLION

* ‍RECEIVED NOTICE FROM SHAREHOLDER PROPOSING ‍DISTRIBUTION OF RMB20 CASH DIVIDEND FOR EVERY 10 SHARES Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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