BRIEF-Advanced card systems proposes disposal of shares by HNA Ecotech Pioneer

April 19 (Reuters) - Advanced Card Systems Holdings Ltd

* Controlling shareholder to assist co in restoring its

public float entered into a secondary block trade agreement

* Controlling shareholder to appoint agent to procure

purchasers for 53.2 million shares at hk$2.66 per share

* Upon completion of disposal, controlling shareholder, HNA

Ecotech Pioneer expected to hold 75% of issued share capital of

co

Source (http://bit.ly/2pBxbim)

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