October 4, 2016 / 9:41 AM / a year ago

BRIEF-Tainan Enterprise Cayman to issue new shares via private placement

Oct 4 (Reuters) - Tainan Enterprise Cayman :

* Says it will issue up to 30 million new shares through private placement

* Says the proceeds will be used to repay bank loan and enrich operating funds

Source text in Chinese: goo.gl/axKewj

Further company coverage: (Beijing Headline News)

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