BRIEF-Time2u international says entered into agreement with purchaser

May 4 (Reuters) - Time2u International Holding Ltd

:

* Vendor entered into agreement with purchaser on 2 May 2017

* Vendor has conditionally agreed to sell and purchaser has

conditionally agreed to purchase sale shares and sale loan at

consideration of HK$180 million

* Expects a gain on disposal of about RMB25 million

* Vendor is Time2u International Holding, purchaser is Guo

Junyan

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