BRIEF-SMI Holdings Group says unit entered into capital increase agreements with investors

March 15 (Reuters) - Smi Holdings Group Ltd

* Chengdu Runyun, a subsidiary of company, entered into

capital increase agreements with investors

* Following completion, ownership interests of group in

Chengdu Runyun will be diluted from 100 percent to 84.37 percent

* Investors have conditionally agreed to make an aggregate

capital contribution of RMB2.50 billion

* Expected gain from deemed disposal of company will be

amounted to approximately RMB2.32 billion

Source text (http://bit.ly/2nEKx8O)

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