March 13, 2017 / 12:19 PM / 4 months ago

BRIEF-China best group holding says unit enters into sale and purchase agreement

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March 13 (Reuters) - China Best Group Holding Ltd:

* Vendor, a wholly owned subsidiary of company, entered into sale and purchase agreement with purchaser

* Pursuant to which vendor agreed to sell, and purchaser agreed to purchase, sale shares at consideration of hk$120 million

* Group's gains from disposal (after deducting for relevant taxes and expenses) are expected to be not less than hk$20 million Source text for Eikon: Further company coverage:

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