BRIEF-China Grand Pharmaceutical And Healthcare To Raise Up To HK$2.88 Bln Via Share Issuance

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July 4 (Reuters) - China Grand Pharmaceutical and Healthcare Holdings Ltd:

* CO TO RAISE UP TO HK$2,879.12 MILLION BY ISSUING UP TO 553.7 MILLION RIGHTS SHARES

* DEAL AT HK$5.20 PER RIGHTS SHARE

* INTENDS TO USE HK$2.80 BILLION TO PAY CO'S CONTRIBUTION IN RELATION TO CO'S PROPOSED ACQUISITION OF SIRTEX Source text for Eikon: Further company coverage:

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