Trade Resources Economy Tianjin Jinhao Plans to Transfer 325.6 Million Shares to Tianjin Pharmaceutical

Tianjin Jinhao Plans to Transfer 325.6 Million Shares to Tianjin Pharmaceutical

Tags: Health, Medicine

Tianjin Zhongxin Pharmaceutical Group Corporation Limited (SHSE: 600329) revealed that a notice has been received from controlling shareholder Tianjin Jinhao Pharmaceutical Co., Ltd., saying that agreement has been inked with controlling shareholder of the latter Tianjin Pharmaceutical Holdings Co., Ltd., planning to transfer 325.6 million shares held in Tianjin Zhongxin by Tianjin Jinhao to Tianjin Pharmaceutical Holdings, representing 44.04% of the share capital.

Source: http://www.sinocast.com/readbeatarticle.do?id=99730
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Tianjin Zhongxin 44% Stake Transferred