BRIEF-China Hkbridge updates on acquisition of Shares

May 2 (Reuters) - China Hkbridge Holdings Ltd

* On 28 April, co through thriving season, its indirect

wholly-owned subsidiary, entered into agreement with crown

international

* Purchaser agreed to acquire from crown international corp

the acquisition shares at a consideration of hk$1.10 per CIC

share

* Total consideration for acquisition would be HK$220

million

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