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Guangdong Hec Technology To Issue Commercial Paper, Pharma Unit To Buy Domestic Rights Of Products


Monday, 25 Feb 2019 05:19am EST 

Feb 25 (Reuters) - Guangdong Hec Technology Holding Co Ltd <600673.SS>::SAYS IT PLANS TO ISSUE COMMERCIAL PAPER WORTH UP TO 3.0 BILLION YUAN ($448.99 million).SAYS IT PLANS TO BOOST CAPITAL OF ITS PHARMA UNIT IN HUBEI PROVINCE BY 590.0 MILLION YUAN.SAYS ITS PHARMA UNIT PLANS TO BUY ALL DOMESTIC RIGHTS, SUCH AS IP AND INDUSTRY RIGHTS, OF 27 PRODUCTS FOR 1.6 BILLION YUAN. 

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