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BRIEF-Guangzhou Improve Medical Instruments unit to sell 7 pct stake in medical tech firm
November 7, 2017 / 3:52 AM / a month ago

BRIEF-Guangzhou Improve Medical Instruments unit to sell 7 pct stake in medical tech firm

Nov 7(Reuters) - Guangzhou Improve Medical Instruments Co Ltd

* Says co’s Guangzhou-based wholly owned innovative business incubator unit signs agreement to sell 7 percent stake in a Shenzhen-based medical technology firm to an investment firm, at the price of 7 million yuan

* Says unit will hold 4.3 percent stake in the medical technology firm after transaction, down from 11.3 percent

Source text in Chinese: goo.gl/D6tfsR

Further company coverage: (Beijing Headline News)

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