December 5, 2016 / 10:36 AM / 8 months ago

BRIEF-Jilin Forest plans assets acquisition via share issue

1 Min Read

Dec 5 (Reuters) - Jilin Forest Industry Co Ltd

* Says it plans to acquire stakes in beverage firm, landscape engineering firm for a combined 1.69 billion yuan ($245.44 million) via share issue

* Says it plans to raise up to 820 million yuan in private placement of shares to fund projects

Source text in Chinese: bit.ly/2gGr1s8

Further company coverage: ($1 = 6.8857 Chinese yuan renminbi) (Reporting by Beijing newsroom)

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