Dec 16 (Reuters) - Dongfang Modern Agriculture Holding Group Ltd DFM.AX :
* Finalising acquisition of two major plantations
* Further plantations acquisitions that will result in co controlling total of 20 plantations covering over 8,000 hectares
* Terms are that an 80% deposit of RMB 155 million will be paid immediately with the 20% balance in 2016
* Says the subsidiary will complete the acquisition upon payment of the second and final instalment of RMB 60 million
* Source text for Eikon ID:nASX2Xphyy