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BRIEF-Searainbow Holding to raise up to 2.5 bln yuan in private placement
October 14, 2016 / 10:16 AM / a year ago

BRIEF-Searainbow Holding to raise up to 2.5 bln yuan in private placement

Oct 14 (Reuters) - Searainbow Holding Corp

* Says it aims to raise up to 2.5 billion yuan ($374.90 million) in private placement of shares to fund project

* Says share trade to resume on oct 17

Source text in Chinese: bit.ly/2dOP0UG; bit.ly/2e2fNeA

Further company coverage: ($1 = 6.6685 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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