Jan 29 (Reuters) - Asaplus Resources Ltd AJY.AX :
* TEE CHEE SENG TO SUBSCRIBE FOR 40 MILLION NEW SHARES IN CO AT $0.09795 PER SUBSCRIPTION SHARE
* SUBSCRIBER TO GRANT CO RMB5 MILLION INTEREST-FREE LOAN, CONVERTIBLE TO 10 MILLION NEW SHARES AT SUBSCRIBER'S OPTION