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Advised on the sale of 29% of the issued share capital of Xin Yuan Enterprises Group Limited

Advised the controlling shareholder of Xin Yuan Enterprises Group Limited (stock code: 1748) (Xin Yuan) on the sale of 29% of the issued share capital of Xin Yuan to an independent third party purchaser for an aggregate consideration of HK$176 million approximately. The transaction was completed on 30 July 2019.


Xin Yuan is an investment holding company principally engaged in provision of asphalt tanker chartering services under various types of charter agreement.





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