Shanghai-listed Tianhai Investment plans $800 mln HK share sale -IFR

HONG KONG, March 10 (Reuters) - Tianjin Tianhai Investment

Co Ltd, a unit of Chinese aviation and shipping conglomerate HNA

Group, plans a Hong Kong share sale worth about $800

million as soon as this year, IFR reported, citing people

familiar with the plans.

Shanghai-listed Tianhai Investment, a logistics

unit of HNA that last year bought U.S. electronics distributor

Ingram Micro Inc, has invited banks to pitch for a role in the

share sale, IFR, a Thomson Reuters publication, said on Friday.

The company hasn't set a target for the fundraising, but it

could raise about $800 million, two of the people said,

according to IFR.

Tianhai Investment declined to comment, while HNA Group and

HNA Logistics did not respond to requests for comment, IFR


(Reporting by Fiona Lau of IFR; Writing by Elzio Barreto;

Editing by Biju Dwarakanath)