March 27, 2017 / 1:40 PM / 4 months ago

BRIEF-Wuhan East Lake High Technology plans to set up fund, boost unit's capital

1 Min Read

March 27 (Reuters) - Wuhan East Lake High Technology Group Co Ltd

* Says it plans to invest up to 299.0 million yuan ($43.54 million) to set up environmental protection investment fund with partners

* Says it plans to boost unit's capital by 500 million yuan via debt for equity swap

Source text in Chinese: bit.ly/2mHZnzb; bit.ly/2optXdD

Further company coverage: ($1 = 6.8680 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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