News Column

Zhuhai Hokai to Finance Money for Building Hospitals

August 25, 2014

ZHUHAI, August 25, SinoCast -- Zhuhai Hokai Medical Instruments Co., Ltd. declared plans to offer at most 43 million shares to not more than five designated investors through a private placement, financing CNY 1 billion, which will be used for building hospitals, handling financial leasing service, repaying bank loans and replenishing working capital.

The company needs to increase additional investment of CNY 405.7266 million into building hospitals to realize future development targets, including CNY 400 million from the latest financing.

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Source: Sinocast Health Care & Medicine Beat (China)

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