Brief: Chabiotech unit CHA Healthcare to buy 8.8 pct stake in SMG for 12.07 bln won
Feb 20 (Reuters) - Chabiotech Co Ltd 085660.KQ :
* Says its unit CHA Healthcare Co., Ltd will buy 30 million
shares of SMG(Singapore Medical Group Limited) for 12.07 billion
won
* Says its unit CHA Healthcare Co., Ltd will hold 8.8
percent stake(30 million shares) in SMG after the transaction
Source text in Korean: https://goo.gl/0hzkim
Further company coverage: 085660.KQ
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))
Recent news on Chabiotech
See all newsBrief: Cha Biotech To Conduct Capital Increase Of 250 Billion Won
Brief: Chabiotech to buy properties for 16.95 bln won
Brief: Chabiotech says conversion of 4th series convertible bonds into shares
Brief: Chabiotech to divest biotechnology and medicine and medical supplies as well as retail business into new subsidiary
Brief: Chabiotech says conversion of 4th series convertible bonds into shares