Aug 16 (Reuters) - Shandong Tyan Home Co Ltd 600807.SS
* Says unit plans to buy Pajingo mining assets from Australia's Conquest Mining Pty Ltd for A$52 million ($40.16 million)
* Says it scraps share private placement plan due to changes in domestic securities market conditions
Source text in Chinese: ; company coverage: 600807.SS ($1 = 1.2947 Australian dollars)