Home MicroPort Medical Announces Proposed Share Placement to Raise Approximately USD 200 Million

MicroPort Medical Announces Proposed Share Placement to Raise Approximately USD 200 Million

Jun 22, 2020 19:08 CST Updated 19:08
MicroPort

High-end Medical Device R&D and Manufacturer

MicroPortAnnouncement: The Company is considering appointing one or more placing agents for the proposed placing, pursuant to which a certain number of new ordinary shares to be issued by the Company may be placed under the general mandate granted by the shareholders of the Company, with an expected fundraising of approximately HK$200 million.US Dollar

MicroPort (00853.HK) is a leading high-end medical device group in China, with products covering cardiovascular intervention, heart rate management, orthopedic implants and repair, aortic and peripheral vascular intervention, electrophysiology, neurointerventional procedures, and other business segments.