Brief: HAO Tian Development Group says disposal of shares by unit
May 11 (Reuters) - Hao Tian Development Group Ltd 0474.HK
* Unit entered into placing agreement with placing agents
* Placing agents agree, as agents of clear lift, to
subscribe for up to 200 million placing shares at placing price
of hk$0.62 per placing share
* Net proceeds from placing are estimated to be hk$121.0
million
Source text for Eikon: ID:nHKS28y3Zb
Further company coverage: 0474.HK
((Bangalore.newsroom@thomsonreuters.com;))
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