April 24 (Reuters) - Shanghai Prosolar Resources Development Co Ltd : * SAYS IT PLANS TO RAISE UP TO 588.3 MILLION YUAN ($85.34 million) IN SHARE PRIVATE PLACEMENT TO REPLENISH CAPITAL * SAYS SHAREHOLDER PLANS TO UNLOAD UP TO 3% STAKE IN THE COMPANY BETWEEN MAY 19 AND AUG 18 Source text Source text 2 Further company coverage: ($1 = 6.8933 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) ((twinnie.siu@tr.com; 852-3462 7715;))
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