Brief: Jinxin Fertility Says Unit Has Agreed To Transfer 100% Stake In Jinxin Medical Investment
07/11/2022 13:49
Nov 7 (Reuters) - Jinxin Fertility Group Ltd 1951.HK :
* UNIT HAS AGREED TO TRANSFER 100% EQUITY INTEREST HELD IN
JINXIN
MEDICAL INVESTMENT TO JINYI HONGKANG
* MAIN PURPOSE OF INTERNAL RESTRUCTURING IS TO ENABLE
SICHUAN WCH
TO FURTHER EXPAND ITS SCOPE OF OFFERINGS & PROVIDE MEDICAL
SERVICES
* EXISTING SICHUAN WCH CONTRACTUAL ARRANGEMENTS FOR 10%
STAKE IN
SICHUAN WILL BE TERMINATED UPON EFFECTIVENESS OF TERMINATION
DEALS
* JINXIN MEDICAL INVESTMENT AGREED TO TRANSFER STAKE IN
JINMAI
TESTING, CHENGDU HEALTH & JINXIN OBSTETRIC HEALTH TO UNIT
Further company coverage: 1951.HK
((Reuters.Briefs@thomsonreuters.com;))
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