BRIEF-Rici Healthcare says unit entered into cooperation agreement with South New City

March 28 (Reuters) - Rici Healthcare Holdings Ltd

* Shanghai Rich Medical, an indirectly wholly-owned

subsidiary of company, and South New City entered into

cooperation agreement

* Deal in relation to establishment of joint venture for

purpose of operating a healthcare industry park in Nanjing,

* Pursuant to cooperation agreement, South New City agrees

to make a capital contribution of RMB35.0 million to JV

* Shanghai Rich Medical agrees to make a capital

contribution of RMB65.0 million to JV and will hold 65% equity

interests in JV

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