June 6 (Reuters) - Tiangong International Co Ltd 0826.HK :
* Says the total proceeds of the proposed placing will be RMB80.6 million
* Board of directors of unit, Tg Tech approved the proposed placing
* Tg Tech shall issue 65 million new Tg Tech shares to eight target subscribers at subscription price of RMB1.24 per Tg Tech share
* Says each of the target subscribers entered into a conditional subscription agreement with Tg Tech
* Source text for Eikon ID:nHKS1yJ5dw
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