November 27, 2017 / 6:10 AM / in 21 days

BRIEF-Laobaixing Pharmacy Chain Joint Stock raises 800 mln yuan in shares private placement

Nov 27 (Reuters) - Laobaixing Pharmacy Chain Joint Stock Co :

* Says it issued 17.9 million new shares through private placement and raised about 800.0 million yuan in total

* Hunan LBX pharmaceutical Investment Management Co Ltd raised stake in co to 34.8 percent from 30.43 percent, becoming the top shareholder of co

Source text in Chinese: goo.gl/cZ1e6p

Further company coverage: (Beijing Headline News)

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