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BRIEF-Jointown Pharma plans to raise up to 4 bln yuan in share private placement to replenish capital
November 29, 2016 / 11:15 AM / in a year

BRIEF-Jointown Pharma plans to raise up to 4 bln yuan in share private placement to replenish capital

Nov 29 (Reuters) - Jointown Pharmaceutical Group Co Ltd

* Says it plans to raise up to 4.0 billion yuan ($580.21 million) in private placement of shares to replenish capital

* Says shares to resume trading on Nov 30

Source text in Chinese: bit.ly/2fHnrdt; bit.ly/2fM2O2Z

Further company coverage: ($1 = 6.8940 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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