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BRIEF-Yantai Dongcheng Biochemicals plans acquisitions via cash, share issue
May 26, 2016 / 11:22 AM / in 2 years

BRIEF-Yantai Dongcheng Biochemicals plans acquisitions via cash, share issue

May 26 (Reuters) - Yantai Dongcheng Biochemicals Co Ltd

* Says it plans to acquire stakes in two pharmaceutical firms for 380.1 million yuan ($57.98 million) via cash, share issue

* Says shares to resume trading on May 27

Source text in Chinese: bit.ly/1TGbVP1; bit.ly/1OOYI1W

Further company coverage: ($1 = 6.5557 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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