Brief: Kintor Pharmaceutical Says KT International Investment Agreed To Sell 34.1 Million Shares In Aggregate

Kintor Pharmaceutical

31/08/2022 02:45

Aug 31 (Reuters) - Kintor Pharmaceutical  9939.HK :
    * KT INTERNATIONAL INVESTMENT AGREED TO SELL 34.1 MILLION
SHARES
IN AGGREGATE HELD BY IT
    * NET PROCEEDS FROM SUBSCRIPTION ARE ESTIMATED TO BE
HK$347.5
MILLION
    * INTENDS TO USE NET PROCEEDS FROM SUBSCRIPTION FOR CLINICAL
DEVELOPMENT AND COMMERCIALISATION OF PRUXELUTAMIDE, AMONG OTHERS

Source text for Eikon:  ID:nHKS6sRD4 
Further company coverage:  9939.HK 

 ((Reuters.Briefs@thomsonreuters.com;))