BRIEF-United Pacific Industries' unit to buy Shining International for HK$12.5 mln

April 19 (Reuters) - United Pacific Industries Ltd

* Unit entered into sale and purchase agreement

* Agreement at consideration of HK$12.5 million

* Deal pursuant to which purchaser has conditionally agreed

to acquire, vendor has conditionally agreed to sell sale shares

* Immediately after completion group would commence a new

business segment of financial services in Hong Kong

* Purchaser is best process investments limited; target

company is Shining International Holdings Limited

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