May 21, 2017 / 11:39 PM / in 6 months

BRIEF-G Medical Innovations Holdings signs China joint venture agreement

May 22 (Reuters) - G Medical Innovations Holdings Ltd :

* G Medical signs china joint venture agreement

* GIBF to invest US$5 million into a new joint venture subsidiary company in China

* GIBF will invest us$5 million into a JV unit co in China, for a 30% fully diluted equity interest in G Medical’s chinese unit

* G Medical has agreed all of its operations in China, Hong Kong and Macau shall be directed exclusively through joint venture

* Agreement is for creation of jointly owned chinese subsidiary to provide G Medical’s products and services into chinese market

* Signed a joint venture agreement with Guangzhou Sino-Israel Bio-Industry Investment Fund Source text for Eikon: Further company coverage:

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