HKG:2522

2 stories mentioning HKG:2522Updated 17d ago

Every FINWIRES story that references HKG:2522, newest first.

Jiangxi Rimag to Extend Up to 32 Million Yuan Loan to Two Units

Jiangxi Rimag (HKG:2522) said it agreed to lend up to 32 million yuan to Beijing Rimag Yuntai Medical Devices and Wuhan ronggengs Medical Equipment, according to a Hong Kong bourse filing Tuesday.The medical imaging company's shares fell nearly 4% in afternoon trade Wednesday.The firm owns 51% of both businesses and said its lending facility will be available until Dec. 29, 2028.The loan will accrue interest at an annual rate of 5.5%, the firm said.Both businesses will use the borrowings for their business operations.

HKG:2522

Asia54d ago

Jiangxi Rimag to Acquire Sun Seeds, Wingon Medical in HK$353 Million Deal

Jiangxi Rimag (HKG:2522) agreed to acquire 100% equity interests in Hong Kong Sun Seeds Management and Wingon Medical Technology, according to a Monday Hong Kong bourse filing.The consideration comprises HK$185.4 million for Hong Kong Sun Seeds Management and HK$168 million for Wingon Medical Technology, to be settled through the issue of consideration shares and the transfer of treasury shares.The two target companies primarily hold equity interests in Medical Image Insights.Upon completion, Jiangxi Rimag's effective interest in Medical Image Insights will increase to about 25.4% as the stakes held through the targets become fully attributable to the group.The company will issue 49.4 million new shares and transfer 5.7 million treasury shares to the sellers, with the consideration price set at HK$6.405 per share.

HKG:2522

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