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7 months ago
BRIEF-Yu Tak International's unit to sell 65% stake in target co to Liu Jia
January 18, 2017 / 2:32 PM / 7 months ago

BRIEF-Yu Tak International's unit to sell 65% stake in target co to Liu Jia

Jan 18 (Reuters) - Yu Tak International Holdings Ltd

* On 18 January 2017, Excel China Investment, a wholly-owned subsidiary of company and Liu Jia entered into agreement

* Unit Excel China Investment to sell 65% of target co Excel Systems (Beijing) Ltd to purchaser Liu Jia

* Deal for HK$2 million

* Company will recognize a gain of approximately HK$9.2 million Source text for Eikon: Further company coverage:

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