BRIEF-Orange Sky Golden Harvest Entertainment says Dadi Cinema to buy Xin Ye shares

April 19 (Reuters) - Orange Sky Golden Harvest Entertainment

Holdings Ltd

* Xin ye, Dadi Cinema, Nan Hai And City Entertainment

entered into Xin Ye Sale and Purchase Agreement

* Pursuant to deal Dadi Cinema has conditionally agreed to

purchase Xin Ye shares at Xin Ye share consideration

* In event that closing takes place no later than 15

September 2017, Xin Ye share consideration shall be RMB240

million

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