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600107 - Hubei Mailyard Share Co News Story

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BRIEF-Hubei Mailyard Plans To Buy Health Firm For 1.5 Bln Yuan Via Cash, Share Issue

Fri 10th July, 2020 2:39pm
July 10 (Reuters) - Hubei Mailyard Share Co Ltd  600107.SS :
    * SAYS IT PLANS TO BUY ZHONGYOU HEALTH FOR 1.5 BILLION YUAN 
($214.37 million) VIA CASH, SHARE ISSUE
    * SAYS IT AIMS TO RAISE UP TO 400 MILLION YUAN IN PRIVATE
PLACEMENT OF SHARES TO FUND THE ACQUISITION

Source text in Chinese: https://bit.ly/325u8S7
Further company coverage:  600107.SS 

($1 = 6.9974 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
 ((meg.shen@thomsonreuters.com; 852-28436901; Reuters Messaging:
meg.shen.thomsonreuters.com@reuters.net))
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