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BRIEF-Jadebird Huaguang plans acquisition via assets swap, share issue
May 15, 2015 / 12:05 PM / 3 years ago

BRIEF-Jadebird Huaguang plans acquisition via assets swap, share issue

May 15 (Reuters) - Weifang Beida Jadebird Huaguang Technology Co Ltd

* Says plans to acquire new material firm for 3.45 billion yuan ($555.99 million) via assets swap, share issue

* Says plans to raise up to 1 billion yuan in private placement of shares to fund projects

* Says trading of shares to resume on May 18

Source text in Chinese: bit.ly/1Jkm8MF ; bit.ly/1Ka2NPL

Further company coverage: ($1 = 6.2051 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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