Brief: Tongfang Kontafarma announces subscription of equity interest in Binex Co
Dec 16 (Reuters) - Tongfang Kontafarma Holdings Ltd
1312.HK :
* Total subscription consideration for the deal is krw210.92
billion
* very substantial acquisition in relation to subscription
of equity interest in Binex Co., Ltd.
* Co entered into share subscription agreement with target
company, being a company listed on kosdaq
* Application has been made to stock exchange for resumption
of trading of shares on stock exchange on 19 dec
Source text for Eikon: urn:newsml:reuters.com:*:nHKS2GGz55
Further company coverage: 1312.HK
((Bangalore.newsroom@thomsonreuters.com;))
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