BRIEF-Lifestyle International to dispose stake in Lifestyle Properties for HK$1.29 bln

April 13 (Reuters) - Lifestyle International Holdings Ltd

* Entered into sale and purchase agreement

* Company agreed to sell and purchaser agreed to purchase

sale shares for consideration of HK$1.29 billion

* Deal to dispose all of Lifestyle Properties shares held by

co & about 59.56 pct of entire issued share capital of Lifestyle

Properties

* Group expects to record an estimated gain of about HK$410

million from disposal

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