Sinopharm to raise HK$5.5b by issuing 198.8m new shares

Sinopharm, the mainland’s largest drug distributor, plans to raise HK$5.55 billion by issuing 198.8 million new shares to a handful of investors, according an announcement with the Hong Kong stock exchange on Monday.

via South China Morning Post - Business feed http://ift.tt/1xJcGg4