March 13 (Reuters) - China Best Group Holding Ltd:
* Vendor, a wholly owned subsidiary of company, entered into
sale and purchase agreement with purchaser
* Pursuant to which vendor agreed to sell, and purchaser
agreed to purchase, sale shares at consideration of hk$120
million
* Group's gains from disposal (after deducting for relevant
taxes and expenses) are expected to be not less than hk$20
million
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