BRIEF-Guangxi Fenglin Wood to raise up to 870.4 mln yuan in private placement

March 26 (Reuters) - Guangxi Fenglin Wood Industry Group Co


* Says it plans share private placement to raise up to 870.4

million yuan ($126.51 million) to fund production project

* Says its shares to resume trade on March 27

Source text in Chinese:;

Further company coverage:

($1 = 6.8803 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)