[ET Net News Agency, 8 January 2018] China Goldjoy Group (01282) said it completed the
acquisition off-market of an aggregate 1,350 million shares in Landing International
Development (LID) (00582) at the average purchase price of HK$0.295 per LID share for a
total of about HK$398 million (excluding expenses) on 5 January.
The purchased shares represent around 0.92% interest in LID. Upon completion, China
Goldjoy holds about 1.74% stake in LID.
China Goldjoy believes that the acquisition will diversify the Group's current share
investment portfolio and expects that it will provide favourable long-term return to the
Group. (HL)