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BRIEF-Founder Technology plans to raise up to 1.4 bln yuan in private placement
May 30, 2014 / 11:13 AM / 3 years ago

BRIEF-Founder Technology plans to raise up to 1.4 bln yuan in private placement

May 30 (Reuters) - Founder Technology Group Corp

* Says plans to raise up to 1.39 billion yuan ($222.76 million)in private placement of shares

* Says shares to resume trading on June 3

Source text in Chinese: link.reuters.com/weg79v; link.reuters.com/xeg79v

Further company coverage: ($1 = 6.2399 Chinese Yuan) (Reporting by Hong Kong and Singapore newsrooms)

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