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2007-5-8 10:42:00 a.m. HKT, XFNA
Hong Kong's Wing On Travel in talks for China hospitality, leisure businesses
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HONG KONG (XFN-ASIA) - Wing On Travel (Holdings) Ltd said it is in talks
to acquire businesses in the hospitality and leisure industry in China.
""Potential targets for possible acquisitions include a hotel and luxury
train operations,"" the company said in a statement.
However, no formal agreement for a possible acquisition has been reached
yet, it said.
Wing On made the statement to explain the strong rise in its share price
yesterday.
At 10.37 am, Wing On was flat at 0.71 hkd, after rising 10.94 pct
yesterday.
(1 usd = 7.8 hkd)
leonora.walet@xfn.comq
lw/kmq xfnlwm/xfnkm
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