BRIEF-Focus Technology Plans To Raise Up To 1.0 Bln Yuan Via Private Placement Of Shares

March 20 (Reuters) - Focus Technology Co Ltd:

* SAYS IT PLANS TO RAISE UP TO 1.0 BILLION YUAN ($141.27 million) VIA PRIVATE PLACEMENT OF SHARES TO FUND PROJECTS Source text in Chinese: Further company coverage: ($1 = 7.0786 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)