BRIEF-Innovent Biologics To Place 55 Million Placing Shares

Reuters
26 Jun
BRIEF-Innovent Biologics To Place 55 Million Placing Shares

June 26 (Reuters) - Innovent Biologics Inc 1801.HK:

  • TO PLACE 55 MILLION PLACING SHARES AT PRICE ON TERMS AND SUBJECT TO CONDITIONS SET OUT IN PLACING AGREEMENT

  • GROSS PROCEEDS FROM PLACING EXPECTED TO BE HK$4,309.8 MILLION

Further company coverage: 1801.HK

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

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