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Brief: Tian an australia ltd updates on proposed development of residential project

Sept 30 (Reuters) - Tian An Australia Ltd  TIA.AX  
    * Preliminary payment of $7.0 million will be refunded to 
tia in full within a reasonable time 
    * Concluded its exclusive due diligence and negotiation 
period and will not be proceeding with participation in project 
 
Source text for Eikon:  ID:nASXbjmH5t  
Further company coverage:  TIA.AX  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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