BRIEF-Yunnan Metropolitan Real Estate Development's Controlling Shareholder Plans To Buy Company Shares

Oct 12 (Reuters) - Yunnan Metropolitan Real Estate Development Co Ltd:

* SAYS CONTROLLING SHAREHOLDER PLANS TO BUY 80.28 MILLION SHARES IN THE COMPANY AT OFFER PRICE OF 5.20 YUAN ($0.7521)PER SHARE Source text in Chinese: Further company coverage: ($1 = 6.9144 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)