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8 months ago
BRIEF-Pharmally International Holding unit to raise stake in Pharmvac Biological Holding Limited to up to 90 pct from 77.8 pct
December 19, 2016 / 7:46 AM / 8 months ago

BRIEF-Pharmally International Holding unit to raise stake in Pharmvac Biological Holding Limited to up to 90 pct from 77.8 pct

Dec 19 (Reuters) - Pharmally International Holding :

* Says its subsidiary Pharmally Investment Limited will buy up to 15.6 million shares of Pharmvac Biological Holding Limited at up to $15.6 million

* Says Pharmally Investment Limited will raise stake in Pharmvac Biological Holding Limited to up to 90 percent, up from 77.8 percent

Source text in Chinese: goo.gl/CJzWVd

Further company coverage: (Beijing Headline News)

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