BRIEF-Yugang International says regulator subscribed for 31.8 mln rights

April 12 (Reuters) - Yugang International

* Subscription Of Rights Share

* Regulator accepted part of provisional entitlement and

subscribed for 31.8 million rights shares pursuant to rights

issue

* Deal at subscription price of HK$2.00 per rights share for

aggregate consideration of HK$63.6 million

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