BRIEF-Oceanwide Holdings' offshore affiliate Quam to raise about HK$5.1 bln by share placement

May 2 (Reuters) - Oceanwide Holdings Co Ltd

* Says offshore affiliate Quam plans to raise

about HK$5.1 billion ($655.38 million) by placing 4.7 billion

shares at HK$1.1per share

Source text in Chinese: http://bit.ly/2pAFOaA

Further company coverage:

($1 = 7.7817 Hong Kong dollars)

(Reporting by Hong Kong newsroom)