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Provider: Sadif Analytics Prime

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NanJing Pharmaceutical Co Ltd and Subsidiary to Sell Equity Shares

Thursday, 22 Aug 2013 08:00pm EDT 

NanJing Pharmaceutical Co Ltd announced that it will sell a 5.01% stake in a Xuzhou-based medicine company for not less than RMB 9.5558 million, and a Hefei-based subsidiary of the Company will sell a 29.29% stake in a Huangshan-based medicine company, for not less than RMB 2000. As a result, the Company and the subsidiary of the Company will hold no stake in the two target companies, respectively. 

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