Brief: Innovative Pharmaceutical Biotech Says Co To Sell Shares In Extrawell Pharmaceutical
24/06/2019 15:42
June 24 (Reuters) - Innovative Pharmaceutical Biotech Ltd
0399.HK :
* CO TO SELL AND MAO YUMIN TO ACQUIRE 457.5 MILLION
SHARE(S) OF
PAR VALUE HK$0.01 EACH IN EXTRAWELL PHARMACEUTICAL
* DEAL FOR AGGREGATE CONSIDERATION OF HK$270 MILLION
* CO ALSO TO SELL TO MAO YUMIN CONVERTIBLE BONDS ISSUED BY
EXTRAWELL PHARMACEUTICAL WITH CONVERSION RIGHT
Source text for Eikon: ID:nHKS7RHwkD
Further company coverage: 0399.HK
((Reuters.Briefs@thomsonreuters.com;))
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