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BRIEF-Microport Scientific Corp announces proposed transfer of equity interest in Mp Cardioflow
August 22, 2017 / 3:08 PM / a month ago

BRIEF-Microport Scientific Corp announces proposed transfer of equity interest in Mp Cardioflow

Aug 22 (Reuters) - Microport Scientific Corp

* Announces proposed transfer of equity interest in mp cardioflow and proposed capital increase of mp cardioflow

* Original shareholders & mp cardioflow enters share transfer, capital increase agreement, shareholders agreement with investors

* Investors to purchase interest in target co held by chenxue investment and jianyi xinghe at aggregate consideration of rmb181.6 million

* Investors to subscribe for interest to be issued in share capital of mp cardioflow upon completion for rmb248.4 million Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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