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01515 CR MEDICAL
RTNominal up3.920 +0.030 (+0.771%)
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20/09/2019 11:04

CR Medical (01515) to invest in healthcare fund

[ET Net News Agency, 20 September 2019] China Resources Medical Holdings Company
Limited (01515) said its subsidiary Unison Champ has entered into a subscription agreement
in relation to the group's investment to the CMH Healthcare Fund, L.P. The proposed
capital commitment of the group shall amount to US$40 million and the fund intends to
raise a total of US$1 billion.
The fund's primary investment objective is to generate attractive risk-adjusted returns
by investing in companies that are active in the healthcare sector and assisting their
expansion globally. Its primary investment focus will be in businesses that have the
potential to expand in the PRC generally or to expand its business line in the PRC. (RC)

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