Ruikang Biology-B (02149.HK) announced that the board of directors approved the proposal to issue domestic shares at a targeted amount of not more than 0.143 billion shares at yesterday's (11th) meeting in accordance with special authorization to the subscribers.
In addition, Ruikang Biology signed a share subscription agreement with Yangtze River Pharmaceutical Group yesterday. It is reported that Yangtze River Pharmaceutical Group conditionally agreed to subscribe for a total of 0.143 billion domestic shares issued by Ruikang Biology at a subscription price of 5.59 RMB per share. (js/w)
~