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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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