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7 days ago
BRIEF-Guanhao Biotech unit says Guangzhou-based fund to cut voting power to 0 pct from 29.8 pct
August 11, 2017 / 8:11 AM / 7 days ago

BRIEF-Guanhao Biotech unit says Guangzhou-based fund to cut voting power to 0 pct from 29.8 pct

Aug 11 (Reuters) - Guanhao Biotech Co Ltd

* Says Guangzhou-based industrial investment fund will unilaterally reduce capital in unit and cut voting power in unit to 0 pct from 29.8 pct

* Says 70.2 percent owned unit will become wholly owned unit and registered capital will decrease to 85 million yuan from 121 million yuan

Source text in Chinese:goo.gl/gN9eMi

Further company coverage: (Beijing Headline News)

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