BRIEF-China Resources And Transportation Group says unit entered into sale and purchase agreement

March 16 (Reuters) - China Resources And Transportation

Group Ltd

* Purchaser, a wholly-owned subsidiary of company, and

vendor entered into sale and purchase agreement

* Purchaser to acquire sale shares, representing 60% of

issued share capital of target co for consideration of HK$138

million

* Vendor is Epoch Luck Investments Limited and purchaser is

Cheer Luck Innovest Limited

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