December 13, 2016 / 8:12 AM / in 10 months

BRIEF-Zhejiang Hisoar Pharmaceutical to sell bio-medicine unit for 123 mln yuan

Dec 13 (Reuters) - Zhejiang Hisoar Pharmaceutical Co., Ltd. :

* Says it plans to sell entire 100 percent stake in Jiangsu-based bio-medicine unit for 123 million yuan

* Says the co will forgive 239 million yuan worth creditor’s rights in the unit

Source text in Chinese:goo.gl/8eSNyN;

Further company coverage: (Beijing Headline News)

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