September 30, 2016 / 2:56 PM / in a year

BRIEF-Ping Shan Tea Group enters into equity transfer agreement

Sept 30 (Reuters) - Ping Shan Tea Group Ltd :

* Ping Shan Tea-discloseable Transaction In Relation To The Acquisition Of 13% Equity Interest In Shenzhen Fenghui International Caibao Co., Limited

* Purchaser, being unit of co, entered into equity transfer agreement with vendor,Zeng Wenying

* Deal for consideration of HK$182 million

* Pursuant to deal purchaser has agreed to purchase and vendor has agreed to sell 13% equity interest in target company Source text for Eikon: Further company coverage:

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