Dec 21 (Reuters) - Patec Precision Industry :
* Says it will use S$600,000 to jointly set up a company named PATEC MEDICAL SUPPLIES PTE LTD via its subsidiary Patec Pte. Ltd.
* Says the new company will be engaged in sale of medical equipment sterilization box
* Says it will hold 60 percent stake in the new company
Source text in Chinese: goo.gl/AzcCtd
Further company coverage: (Beijing Headline News)