BRIEF-Shougang Concord International Enterprises Co Says Co To Issue 1.50 Bln Subscription Shares

Nov 29 (Reuters) - Shougang Concord International Enterprises Co Ltd:

* JD FOUNTAIN TO SUBSCRIBE FOR,CO TO ISSUE 1.50 BILLION SUBSCRIPTION SHARES AT PRICE OF HK$0.3 PER SHARE

* TOTAL CONSIDERATION PAYABLE BY JD FOUNTAIN UNDER SUBSCRIPTION AGREEMENT AMOUNTS TO HK$450 MILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)