BRIEF-Master Glory Group says unit as purchaser entered into equity transfer agreement with vendors

March 30 (Reuters) - Master Glory Group Ltd-

* Owned subsidiary of company) has entered into equity

transfer agreement with vendors

* Agreement to acquire entire issued share capital of Xin

Yu Shang Mao

* Deal for consideration of rmb228.7 million

* Purchaser being guangzhou city bo de enterprise management

company limited; vendors being Zhou Xinjie, Heng Guanyi and

Yang Yuxin

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