Brief: China Vanguard You Champion Says Unit To Acquire Hero Global Holdings

Sinopharm Tech Holdings

06/01/2019 23:43

Jan 7 (Reuters) - China Vanguard You Champion Holdings Ltd
 8156.HK :
    * SINOPHARM TRADITIONAL CHINESE MEDICINE OVERSEAS TO SELL
HERO
GLOBAL HOLDINGS TO UNIT FOR HK$139.10 MILLION
    * CONSIDERATION TO BE SATISFIED BY ALLOTMENT & ISSUE OF 650
MILLION SHARES AT ISSUE PRICE OF HK$0.214 PER SHARE

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5mSqcD
Further company coverage:  8156.HK 

 (Reuters.Briefs@thomsonreuters.com)