BRIEF-Koolearn Technology Holding To Buy 49% Of Dongfang Youbo

Aug 16 (Reuters) - Koolearn Technology Holding Ltd :

* ANNOUNCES TRANSACTION FOR ACQUISITION OF 49% OF DONGFANG YOUBO

* ENTERED PURCHASE AGREEMENT WITH TIANJIN QIANCHENG FOR ACQUISITION OF 49% EQUITY INTEREST IN DONGFANG YOUBO

* DEAL FOR ACQUISITION OF ABOUT RMB94.0 MILLION Source text for Eikon: Further company coverage: