BRIEF-Lingnan Landscape to acquire stake in water engineering firm via cash, share issue

April 10 (Reuters) - Lingnan Landscape Co Ltd

* Says to acquire 90 percent stake in water engineering firm

for 540 million yuan ($78.24 million) via cash, share issue

* Says it plans to raise up to 269 million yuan in share

private placement to fund acquisition

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($1 = 6.9021 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)