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March 9 (Reuters) - LifeAssays AB (Publ):
* Decided to conduct a issue of 165,634,323 new B shares, equivalent to about 9.99 percent of outstanding shares
* Subscription price is 0.039 crown per B share
* The purpose of the issue is to provide the company with a new strategically important shareholder.
* Says Beijing St Grand Asset Management will by its investment become one of LifeAssays' larger shareholders. Source text for Eikon:
Further company coverage: (Gdynia Newsroom)