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BRIEF-Zhuhai Hokai Medical Instruments to acquire medical equipment firm for 2.2 bln yuan
December 7, 2016 / 9:29 AM / a year ago

BRIEF-Zhuhai Hokai Medical Instruments to acquire medical equipment firm for 2.2 bln yuan

Dec 7 (Reuters) - Zhuhai Hokai Medical Instruments Co Ltd

* Says it plans to acquire medical equipment firm for 2.2 billion yuan ($319.63 million) via cash, share issue

* Says it plans to raise up to 265 million yuan in share private placement to fund acquisition

Source text in Chinese: bit.ly/2gS1htd

Further company coverage: ($1 = 6.8830 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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