Sept 13 (Reuters) - Turners Automotive Group Ltd
* Announced NZ$25 million equity raising through an underwritten placement of new ordinary shares in Turners
* Placement has been fully underwritten at a fixed price of $3.02 per share.
* Turners has sought a trading halt from NZX and ASX pending completion of placement
* Turners also seeks to raise up to NZ$5 million through a non- underwritten SPP
* Expects to declare interim dividend for 1Q FY18 period, which is no less than 1Q FY17 interim dividend during October 2017 Source text for Eikon: Further company coverage: