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1177 Sino Biopharmaceutical News Story

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Brief: Sino Biopharmaceutical Says Acquisition Of 29.99% Equity Interest In Hob Biotech

Oct 30 (Reuters) - Sino Biopharmaceutical Ltd  1177.HK :
    * ACQUISITION OF 29.99% EQUITY INTEREST IN TARGET COMPANY
    * DEAL FOR RMB630.0 MILLION
    * UNIT ENTERED EQUITY TRANSFER AGREEMENT WITH HOB BIOTECH HK
    * BEIJING RUNKANG AGREED TO ACQUIRE 29.99% STAKE IN HOB
BIOTECH
GROUP


Further company coverage:  1177.HK 

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

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