Brief: Boqi International Medical Inc To Sell One Of Its Pharmacy Chain

BIMI Holdings

14/12/2020 14:06

Dec 14 (Reuters) - BOQI International Medical Inc  BIMI.O :
    * PRESS RELEASE - BOQI INTERNATIONAL MEDICAL INC. TO SELL
ONE OF
ITS PHARMACY CHAIN
    * BOQI INTERNATIONAL MEDICAL INC - SIGNED DEFINITIVE
AGREEMENTS TO
SELL BOQI ZHENGJI PHARMACY CHAIN CO
    * BOQI INTERNATIONAL - ON DEC 11, BIMI & UNITS ENTERED INTO
TERMINATION & RELEASE AGREEMENT WITH 4 INDIVIDUALS WHO SOLD
ZHENGJI PHARMACY TO CO
    * BOQI INTERNATIONAL MEDICAL INC - ON DEC 11, 2020, BIMI'S
WHOLLY-OWNED UNIT ENTERED INTO A STOCK PURCHASE AGREEMENT WITH
MING ZHANG
    * BOQI INTERNATIONAL MEDICAL - UNDER AGREEMENT WITH BUYER,
XIN
RONG XIN TO SELL ALL SHARES OF CAPITAL STOCK OF ZHENGJI PHARMACY
TO BUYER FOR US$1.7 MILLION

Source text for Eikon:  ID:nGNX4BnbDV 
Further company coverage:  BIMI.O 

 ((Reuters.Briefs@thomsonreuters.com;))