BRIEF-Songcheng Performance plans share issue to fund projects

March 13 (Reuters) - Songcheng Performance Development Co

Ltd

* Says it aims to raise up to 4.0 billion yuan ($578.97

million) in private placement of shares to fund projects

Source text in Chinese:http://bit.ly/2miqCw1

Further company coverage:

($1 = 6.9088 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)