CK Life to Sell Some Ruinian Shares Privately, Raising Net HK$257 Million

CK Life Sciences International (Holdings) Inc. will place 40 million shares in Ruinian International Ltd., a 3.82 percent stake, raising a net HK$257 million, the company said in a Hong Kong stock exchange filing.

Morgan Stanley is the placing agent for the fully underwritten sale, CK Life said today.

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