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9 months ago
BRIEF-Ningbo Medicalsystem Biotechnology plans to divest stake in two health management units
October 17, 2016 / 9:31 AM / 9 months ago

BRIEF-Ningbo Medicalsystem Biotechnology plans to divest stake in two health management units

1 Min Read

Oct 17 (Reuters) - Ningbo Medicalsystem Biotechnology Co Ltd :

* Says co plans to transfer 51 percent stake of shares in a Jinhua-based health management unit and 61 percent stake of shares in a Yongcheng-based health management unit, to co's chairman and actual controller Zou Bingde, for free

* Says co will hold no stake in two units after transaction

Source text in Chinese: goo.gl/qz0yFZ

Further company coverage: (Beijing Headline News)

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