April 9, 2018 / 1:49 PM / 16 days ago

BRIEF-Zhejiang Xcc To Buy Zhejiang-Based Air-Conditioning Pipe Maker For 598 Mln Yuan Via Cash, Share Issue

April 9 (Reuters) - Zhejiang XCC Group Co Ltd:

* SAYS IT PLANS TO BUY ZHEJIANG-BASED AIR-CONDITIONING PIPE MAKER FOR 598 MILLION YUAN VIA CASH, SHARE ISSUE

* SAYS IT PLANS TO RAISE UP TO 150 MILLION YUAN IN SHARE PRIVATE PLACEMENT TO FUND ACQUISITION Source text in Chinese: bit.ly/2GMCzUY Further company coverage: (Reporting by Hong Kong newsroom)

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