BRIEF-Longitech Smart Energy says unit entered into agreement

April 27 (Reuters) - Longitech Smart Energy Holding Ltd


* Unit entered into first agreement & second agreement with

Lightway Power, Fountain Crest

* Under first agreement First Lightway Power agreed to sell,

first sale shares for hk$123.5 million

* Consideration for first acquisition will be satisfied

through issuance of 42.6 million shares at hk$2.90 per share to

Lightway Power

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