BRIEF-Virscend Education announces disposal of shares by substantial shareholder

April 24 (Reuters) - Virscend Education Co Ltd

* Happy Venus to sell to five independent third parties

("purchasers"), and purchasers agreed to purchase 238.8 million

shares in co for HK$1.21 billion

* Was informed by Happy Venus, a substantial shareholder of

co, that it entered into 5 separate sale and purchase agreements

regarding disposal of shares in co

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