January 2, 2017 / 10:37 AM / 8 months ago

BRIEF-Hong Kong Education Intl investments entered into sale and purchase agreement

Jan 2 (Reuters) - Hong Kong Education Intl Investments Ltd :

* Vendor, a wholly-owned subsidiary of company, and Poon Chun Yin as purchaser entered into SP agreement

* Deal for consideration of HK$53 million

* Deal for group will record a gain on disposal of approximately HK$1.58 million as a result of disposal

* Unit has agreed to sell sale shares, representing 47% of issued share capital of seasoned leader Source text for Eikon: Further company coverage:

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