Hong Kong: Yihua Healthcare scraps plans to buy Pok Oi hospital

Shantou-based healthcare services and aged care services company Yihua Healthcare has cancelled plans to buy a 70% stake in Pok Oi Hospital in Hong Kong for Rmb104.3m (US$14.7m) from Yihong Investment. In a statement to the Shenzhen Stock Exchange Yihua said that this was because of a failure to reach the transfer conditions agreed in…

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