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6108 — New Ray Medicine International Holding News Story

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Brief: New Ray Medicine International Says Zhejiang Wanma Industrial Development Entered Into Cooperation Agreement With Individual

July 11 (Reuters) - New Ray Medicine International Holding
Ltd  6108.HK :
    * ZHEJIANG WANMA INDUSTRIAL DEVELOPMENT ENTERED INTO
COOPERATION
AGREEMENT WITH INDIVIDUAL
    * DEAL BETWEEN UNIT AND PARTNERS FOR CAPITAL CONTRIBUTION &
MANAGEMENT OF AFFAIRS OF TARGET CO
    * INITIAL REGISTERED CAPITAL OF TARGET COMPANY IS RMB50
MILLION
    * UNIT WILL CONTRIBUTE RMB19.5 MILLION TO TARGET CO
    * UNDER DEAL, PARTIES TO GRANT SHAREHOLDER'S LOANS TO TARGET
CO AS
INITIAL WORKING CAPITAL OF RMB4.8 MILLION

Source text for Eikon:  ID:nHKS97DQz5 
Further company coverage:  6108.HK

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