BRIEF-MLS plans asset acquisition, share private placement

March 30 (Reuters) - MLS Co Ltd

* Says it plans to buy LEDvance GmbH for up to 4.0 billion

yuan ($580.67 million) via cash, share issue

* Says it aims to raise up to 1.26 billion yuan in private

placement of shares to fund the acquisition, lighting projects

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($1 = 6.8886 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)