BRIEF-Wuxi New Hongtai Electrical Technology To Buy Shanghai Seahigh Telecom Via Share Issue
Sept 4 (Reuters) - Wuxi New Hongtai Electrical Technology Co Ltd:
* SAYS IT PLANS TO BUY SHANGHAI SEAHIGH TELECOM FOR 1.8 BILLION YUAN ($263.26 million) VIA SHARE ISSUE
* SAYS IT AIMS TO RAISE UP TO 640 MILLION YUAN IN PRIVATE PLACEMENT OF SHARES TO FUND PROJECT Source text in Chinese: https://bit.ly/2NhkgO8 Further company coverage: ($1 = 6.8373 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)