Brief: Biosino Bio-Technology And Science To Buy 70.3% Stake In Shanghai Jiangcu
05/08/2026 16:10
BRIEF-Biosino Bio-Technology And Science To Buy 70.3% Stake In Shanghai Jiangcu Aug 5 (Reuters) - Biosino Bio-Technology and Science Inc 8247.HK:
TO BUY 70.3% EQUITY INTEREST IN SHANGHAI JIANGCU
TO BUY 10% OF SHANGHAI JIANGCU FOR RMB7.7 MILLION VIA 2.8 MILLION H SHARES AT HK$3.2/SHARE
TO SUBSCRIBE RMB156.3 MILLION CASH FOR 67% EQUITY IN SHANGHAI JIANGCU
TOTAL CONSIDERATION FOR DEAL IS RMB164.0 MILLION (HK$190.3 MILLION)
Further company coverage: 8247.HK
((Reuters.Briefs@thomsonreuters.com;))
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