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503 Lansen Pharmaceutical Holdings News Story

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Brief: Lansen Pharmaceutical updates on approval for Zhejiang Starry Pharmaceutical IPO

Feb 17 (Reuters) - Lansen Pharmaceutical Holdings Ltd  0503.HK : 
 * Zhejiang Starry Pharmaceutical has obtained the approval from China securities regulatory commission 
 * Says listing of starry is expected to take place in early March 2016 
 * Says approval for the initial public offering of its shares and listing on the Shanghai stock exchange 
 * Company indirectly holds approximately 21.5% of the total issued shares in the capital of Starry 
 * Upon completion of proposed offering, co expected to indirectly hold 16.1% of total issued shares in capital of Starry 
 
 * Source text for Eikon  ID:nHKS60VC89  
 
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