January 4, 2018 / 11:22 AM / 7 months ago

BRIEF-Zhongyuan Union Cell & Gene Engineering To Buy Shanghai Firm for 1.2 Bln Yuan

Jan 4 (Reuters) - Zhongyuan Union Cell & Gene Engineering Corp Ltd:

* SAYS TO BUY SHANGHAI-BASED MEDICAL EQUIPMENT FIRM FOR 1.2 BILLION YUAN ($184.79 million) VIA SHARE ISSUE

* SAYS IT AIMS TO RAISE UP TO 500 MILLION YUAN IN PRIVATE PLACEMENT OF SHARES TO FUND PROJECTS Source text in Chinese: bit.ly/2EWW5NZ Further company coverage: ($1 = 6.4940 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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