May 6, 2020 / 12:51 PM / 19 days ago

BRIEF-Microport Scientific Says Will Lead A Strategic Investment Of S$8 Mln In NDR Medical Technology

May 6 (Reuters) - Microport Scientific Corp:

* CO TO LEAD A STRATEGIC INVESTMENT OF S$8 MILLION IN NDR MEDICAL TECHNOLOGY

* COMMITMENT OF CO IN INVESTMENT IS S$6 MILLION FOR ABOUT 20.9% OF NDR

* UNIT ENTERS AGREEMENT WITH NDR & SHANGHAI YOULONG ENTERPRISE MANAGEMENT & CONSULTING CENTRE TO SET UP PRC JV CO

* JV TO HAVE REGISTERED CAPITAL OF RMB25 MILLION, WITH 41% INTERESTS OWNED BY UNIT Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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