BRIEF-Kerry Logistics Network says unit entered in share purchase agreement

March 20 (Reuters) - Kerry Logistics Network Ltd:

* Disposal Of Shares In Asia Airfreight Terminal Company


* Deal for hk$375 million

* Company expects to recognize a gain from disposal

* Torres (unit of company), among other independent third

parties, entered into share purchase agreement with purchaser

* Purchaser agreed to purchase, inter alia, 54 million

shares from torres

* Holistic capital investment ltd is the purchaser

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