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BRIEF-Zhenxing Biopharma to raise up to 2.3 bln yuan in private placement
December 17, 2015 / 1:00 PM / 2 years ago

BRIEF-Zhenxing Biopharma to raise up to 2.3 bln yuan in private placement

Dec 17 (Reuters) - Zhenxing Biopharmaceutical & Chemical

* Says aims to raise up to 2.3 billion yuan ($354.82 million) in private placement of shares to fund projects, repay debts and replenish capital

* Says trading of shares to resume on Dec 18

Source text in Chinese: bit.ly/1O8GIhn; bit.ly/1RTOmT1

Further company coverage: ($1 = 6.4822 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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