Brief: Yichang Hec Changjiang Pharmaceutical Says Proposed Privatisation Of Co

Yichang Hec Changjiang Pharmaceutical Co

10/05/2024 16:11

May 10 (Reuters) - YiChang HEC ChangJiang Pharmaceutical
 1558.HK :
    * PROPOSED PRE-CONDITIONAL PRIVATISATION OF YICHANG HEC
CHANGJIANG
PHARMACEUTICAL BY SUNSHINE LAKE PHARMA
    * PROPOSED PRE-CONDITIONAL PRIVATISATION OF YICHANG HEC
CHANGJIANG
PHARMACEUTICAL BY WAY OF MERGER
    * VALUE ESTIMATED BY VALUATION ADVISER AS AT 8 MARCH 2024 OF
HK$73.21 PER OFFEROR H SHARE IN MERGER
    * COMPANY WILL PAY A SPECIAL DIVIDEND TO SHAREHOLDERS
    * APPLICATION HAS BEEN MADE FOR RESUMPTION OF TRADING IN H
SHARES
FROM 13 MAY

Further company coverage:  1558.HK 

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