Universal Health International Unit Buys Stake in Hollow Capsule Manufacturer

MT Newswires Live

2024/11/20

Universal Health International (HKG:2211) indirect subsidiary Heilongjiang Jintian Aixin Pharmaceutical Distribution sold a 43.78% stake in Jilin Jintian Universal Health Group Capsules to a capsule manufacturing investor, according to a Tuesday filing with the Hong Kong Exchange.

The sale price for the stake in the hollow capsule manufacturer is 43 million yuan.

Completion is slated within three business dates once the conditions precedent are satisfied, the filing said.

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