May 24, 2016 / 1:21 PM / a year ago

BRIEF-Digital China Information Service to raise up to 1.15 bln yuan in private placement

May 24 (Reuters) - Digital China Information Service Co Ltd

* Says it plans to acquire 96.03 percent stake in Nanjing Howso technology for 1.15 billion yuan ($175.44 million) via cash, share issue

* Says it aims to raise up to 1.15 billion yuan in private placement of shares to fund acquisition, boost working capital

Source text in Chinese: bit.ly/1s73bs7

Further company coverage: ($1 = 6.5550 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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