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BRIEF-MLS gets approval to issue medium-term notes, plans acquisition via cash and share issue
October 10, 2017 / 11:45 AM / 2 months ago

BRIEF-MLS gets approval to issue medium-term notes, plans acquisition via cash and share issue

Oct 10 (Reuters) - MLS Co Ltd

* Says it gets approval to issue 2.0 billion yuan ($304.34 million) medium-term notes

* Says it plans acquire photoelectric firm for 4.0 billion yuan via cash, share issue

* Says it plans to raise up to 1.26 billion yuan in share private placement to fund the acquisition

Source text in Chinese: bit.ly/2kAyjBi; bit.ly/2y7xA00

Further company coverage: ($1 = 6.5715 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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