April 17, 2018 / 10:53 AM / 4 months ago

BRIEF-Sino Biopharmaceutical Announces Proposed Bonus Issue Of Shares

April 17 (Reuters) - Sino Biopharmaceutical Ltd:

* RECOMMENDS A BONUS ISSUE OF SHARES ON BASIS OF ONE BONUS SHARE FOR EVERY TWO EXISTING SHARES HELD BY QUALIFYING SHAREHOLDERS

* EXPECTED THAT A TOTAL OF 4.21 BILLION BONUS SHARES WOULD BE ALLOTTED AND ISSUED Source text for Eikon: Further company coverage:

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