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Hainan Zhenghe Industrial Group Co Ltd announces private placement of new shares

Tuesday, 3 Dec 2013 07:00pm EST 

Hainan Zhenghe Industrial Group Co Ltd:Says it will issue 520 million new shares for 6 yuan per share through private placement.Says it will raise 3,120 million yuan in total.Says the proceeds will be used for the acquisition of stake in Maten Petroleum Joint Stock Company.