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Sichuan Kelun Pharmaceutical Co Ltd (002422.SZ)

002422.SZ on Shenzhen Stock Exchange

16.26CNY
20 Jan 2017
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Tue, Nov 8 2016

BRIEF-Sichuan Kelun Pharmaceutical to raise 35 pct stake in biotechnology firm and to fully buy pharmaceutical unit

* Says it plans to use 100 million yuan to raise stake in Changshu-based biotechnology firm to 35 percent from 0 percent

BRIEF-Sichuan Kelun Pharmaceutical sees 2016 net profit down 10 pct to up 20 pct

* Sees net profit for 2016 to decrease by 10 percent to increase by 20 percent, or to be 580.7 million yuan to 774.3 million yuan

BRIEF-Sichuan Kelun Pharmaceutical unit fully buys KLUS PHARMA INC. for $12.82 mln

* Says its unit fully acquired the U.S.-based firm KLUS PHARMA INC. for $12.82 million

BRIEF-Sichuan Kelun Pharmaceutical issues 2016 1st short-term financing notes worth 500 mln yuan

* Says it issues 2016 first short-term financing notes worth 500 million yuan, with a term of 365 days and coupon rate of 2.93 percent

BRIEF-Sichuan Kelun Pharmaceutical to issue 1.8 bln yuan 5-YR bonds

* Says it plans to issue up to 1.8 billion yuan bonds, with a term of up to 5 years

BRIEF-Sichuan Kelun Pharmaceutical to raise stake in Zhejiang pharmaceutical unit to 100 pct from 85 pct

* Says it plans to raise stake in Zhejiang-based pharmaceutical unit to 100 percent from 85 percent, for 65.3 million yuan

BRIEF-Sichuan Kelun Pharmaceutical to set up three units

* Says it plans to set up a Chengdu-based technology management unit, a Hong Kong-based international medicine holding unit and a Chengdu-based pharmaceutical unit

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