[ET Net News Agency, 6 January 2020] Overseas Chinese Town (Asia) Holdings Limited
(03366) said its subsidiary City Legend has disposed on-market and through block trade an
aggregate of 42.67 million Tianli shares in a series of transactions on 3 January 2020 at
the average selling price of HK$3.10 per Tianli share.
The aggregate gross sale proceeds are approximately HK$132.3 million. The group ceased
to hold any Tianli shares.
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)