Shenzhen Xinshen Hospital Management Co., Ltd. agreed to acquire Shezhen Sanjiu Hospital Co., Ltd from China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. and China Resources Pharmaceutical Investment Co., Ltd for CNY 1.1 billion.
Shenzhen Xinshen Hospital Management Co., Ltd. agreed to acquire Shezhen Sanjiu Hospital Co., Ltd from China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. (SZSE:000999) and China Resources Pharmaceutical Investment Co., Ltd for CNY 1.1 billion on January 2, 2019. China Resources Sanjiu Medical & Pharmaceutical signed the property transactions contract with Shenzhen Xinshen Hospital Management Co., Ltd on January 22, 2019. Under the terms, China Resources Sanjiu Medical & Pharmaceutical will receive CNY 925.8 million for selling 82.89% stake and China Resources Pharmaceutical Investment will receive CNY 191.1 million for selling 17.11% stake in Shezhen Sanjiu Hospital.