January 3, 2018 / 1:12 PM / 19 days ago

BRIEF-Tatwah Smartech To Sell Stake In Payment Service Firm, Unit To Invest In Leshi Unit

Jan 3 (Reuters) - Tatwah Smartech Co Ltd

* SAYS IT PLANS TO SELL ITS STAKE IN PAYMENT SERVICE FIRM WHOSE 100 PERCENT STAKE WORTH AT LEAST 700 MILLION YUAN

* SAYS UNIT SIGNS DEBT-FOR-EQUITY SWAP AGREEMENT WITH LESHI’s UNIT

* SAYS UNIT WILL OWN 1.0 PERCENT STAKE IN LESHI'S UNIT AFTER INVESTMENT OF 150 MILLION YUAN Source text in Chinese: bit.ly/2qhPdaW; bit.ly/2ClcRFa Further company coverage: (Reporting by Hong Kong newsroom)

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