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BRIEF-Si Chuan Jinyu Automobile to acquire medical firm, plans private placement
December 23, 2016 / 1:27 AM / a year ago

BRIEF-Si Chuan Jinyu Automobile to acquire medical firm, plans private placement

Dec 23 (Reuters) - Si Chuan Jinyu Automobile City Group Co Ltd

* Says it plans to acquire medical firm for 1.3 billion yuan ($187.12 million) via cash, share issue

* Says it plans to raise up to 830.9 million yuan in private placement of shares to fund projects

Source text in Chinese: bit.ly/2i0piPO

Further company coverage: ($1 = 6.9473 Chinese yuan renminbi) (Reporting by Beijing newsroom)

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