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BRIEF-Jinzi Ham's unit to invest in Novabay Pharma and become its biggest shareholder

Nov 14 (Reuters) - Jinzi Ham Co Ltd

* Says unit signs agreement to buy shares in U.S. Novabay Pharmaceuticals Inc for a combined $27.06 million

* Says unit will hold 37.14 percent stake in Novabay Pharmaceuticals after transaction, become its biggest shareholder

Source text in Chinese: http://bit.ly/2hqP3GX

Further company coverage: (Reporting by Hong Kong newsroom)