June 29, 2020 / 6:58 AM / a month ago

BRIEF-BATIC Announces A New Investment In Advanced Medical Industries

June 29 (Reuters) - BATIC INVESTMENTS AND LOGISTICS CO :

* ANNOUNCED A NEW INVESTMENT IN ADVANCED MEDICAL INDUSTRIES

* UNIT CONCLUDED A NEW PARTNERSHIP DEAL WITH ALSHIFA MEDICAL TECHNOLOGY COMPANY

* BATIC ESTABLISHED ALSHIFA TECHNOLOGY COMPANY LIMITED IN SAUDI

* BATIC HOLDS 60% OF SHARES WHILE ALSHIFA MEDICAL TECHNOLOGY COMPANY HOLDS 40% OF SHARES OF THE CAPITAL

* IMPACT WILL BE REFLECTED IN FINANCIAL STATEMENTS DURING H2 Source text for Eikon: Further company coverage:

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