December 30, 2016 / 11:26 AM / a year ago

BRIEF-Golden Meditech says unit to sell CCBC shares for RMB5.76 bln

Dec 30 (Reuters) - Golden Meditech Holdings Ltd

* Unit, company and Nanjing Xinjiekou signed and entered into termination agreement a and termination agreement b

* GMSC and Nanjing Xinjiekou entered into profit compensation termination agreement to terminate previous profit compensation agreement

* GMSC to make profit guarantee and compensation in favour of purchaser in respect of adjusted CCBC net profit rmb300 million , rmb360 million, rmb432 million for 3years respectively

* GMSC conditionally agreed to sell, and purchaser conditionally agreed to acquire, new target CCBC shares, at consideration of rmb5.764 billion Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below