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Brief: Pan Asia Environmental Protection Group updates on disposal of shares by controlling shareholder

Sept 29 (Reuters) - Pan Asia Environmental Protection Group 
Ltd  0556.HK : 
    * Controlling shareholder, praise fortune  entered into a 
subscription agreement with avenue multi-strategy fund spc 
    * Avenue spc agreed to allot and issue 250mln shares of 
company at price of hk$1.6 per share 
 
Source text for Eikon:  ID:nHKS52G7md  
Further company coverage:  0556.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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