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BRIEF-Shanghai Pharmaceuticals Holding unit to take out loan of $100 mln
November 16, 2017 / 1:24 AM / in 25 days

BRIEF-Shanghai Pharmaceuticals Holding unit to take out loan of $100 mln

Nov 16(Reuters) - Shanghai Pharmaceuticals Holding Co Ltd

* Says co’s Hong Kong-based wholly owned unit will take out loan of $100 million (about 664 million yuan) form co’s controlling shareholder, with term of 180 days

* Says loan will be used for overseas M&A and equity investment

Source text in Chinese: goo.gl/4MyVKy

Further company coverage: (Beijing Headline News)

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