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950 Lees Pharmaceutical Holdings News Story

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Brief: Lee's Pharmaceutical Holdings Sells 45.5 Pct Stake In China Ophthalmology Focus

May 23 (Reuters) - Lee's Pharmaceutical Holdings Ltd
 0950.HK :
    * COMPANY AGREED TO ISSUE AND SELL AGGREGATE OF 334,280
SERIES A
PREFERRED SHARES AT CONSIDERATION OF US$50 MILLION
    * PREFERRED SHARES TO BE ISSUED REPRESENT ABOUT 45.525% OF
EQUITY
SHARE CAPITAL OF CHINA OPHTHALMOLOGY FOCUS LTD

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5c3NHh
Further company coverage:  0950.HK 

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

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