Xiangxue Pharma to acquire stake in traditional medicine firm, boost HK unit's capital

Tuesday, March 22, 2016

Xiangxue Pharmaceutical Co Ltd Says it plans to acquire 55 percent stake in traditional medicine firm for 357.5 million yuan ($55.20 million).

Says plans to boost Hong Kong unit's registered capital by HK$130 million ($16.76 million) to HK$200 million.

 

Source : reuters.com