Brief: Jeil Pharmaceutical to divest medicine production business into new subsidiary

Jeil Pharma Holdings

16/01/2017 10:23

Jan 16 (Reuters) - Jeil Pharmaceutical Co Ltd  002620.KS  : 
     
    * Says it will divest medicine production business into new 
subsidiary, named Pharmaceutical Co.,Ltd 
    * Says the company will remain and change company name to 
Jeil Pharma Holdings Inc 
    * Says it will be engaged in investment business and act as 
holding company after name change  
    * Expected divestiture date is June 1 
     
     
    Source text in Korean: https://goo.gl/kZbyhE 
    Further company coverage:  002620.KS  
 
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