[ET Net News Agency, 23 December 2019] Overseas Chinese Town (Asia) Holdings Limited
(03366) said its subsidiary City Legend disposed on-market and through block trade an
aggregate of 57.33 million Tianli shares in a series of transactions between 7 November
2019 and 20 December 2019, at the average selling price of HK$3.12 per Tianli share. The
aggregate gross sale proceeds from the disposals are approximately HK$178.9 million.
Tianli Education is a leading private education service provider in Western China.
Tianli Education primarily offers K-12 educational services, supplemented by tutoring
services for K-12 students and pre-kindergarten children. (RC)