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Hunan AVA to issue 200 mln shares by private placement

Nov. 6, 2009 (China Knowledge) - Hunan AVA Holdings Co Ltd<000918>, a real estate developer based in Hunan Province, on Wednesday announced that it plans to issue up to 200 million A shares for RMB 3.6 billion at most in private placement, sources reported. The proceeds from the issuance will be used to fund development in eight property projects, one in Shanghai, one in Chongqing, one in

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