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503 Lansen Pharmaceutical Holdings News Story

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Brief: Lansen Pharmaceutical Says To Issue 49.5 Mln Placing Shares At Hk$1.20/Share

April 7 (Reuters) - Lansen Pharmaceutical Holdings Ltd
 0503.HK :
    * TO ISSUE 49.5 MILLION PLACING SHARES AT HK$1.20/SHARE
    * NET PROCEEDS FROM SUBSCRIPTIONS EXPECTED TO BE HK$59.15
MILLION
    * INTENDS TO USE NET PROCEEDS FOR POTENTIAL FUTURE
ACQUISITIONS,
AMONG OTHERS

Source text for Eikon:  ID:nHKS5zVmHV 
Further company coverage:  0503.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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