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Home>Sinopharm to Raise $715 Million Via Share Placement

Sinopharm to Raise $715 Million Via Share Placement

3party Content

Mon, 24 Nov 2014

Chinese pharmaceutical company Sinopharm Group Co. Ltd. (1099.HK) said Monday it plans to raise about 5.55 billion Hong Kong dollars (US$715 million) via a share placement and will use the net proceeds for the expansion of pharmaceutical distribution and retail network. The company said it agreed
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