BRIEF-Asia Resources' unit to buy 20 pct interest in target co for HK$273 mln

April 19 (Reuters) - Asia Resources Holdings Ltd

* Discloseable Transaction Involving The Acquisition Of 20

pct Of Equity Interests In The Target Company

* Consideration payable for sale and purchase of sale shares

shall be HK$273 mln which shall be settled by promissory note

* Jiu Tai International Resources to sell, and Continental

Joy to purchase, sale shares for HK$273 million

* Target Company is Hong Kong Spring Water Ding Dong Group

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