BRIEF-Future World Announces Deal For Stake Buy And Assignment Of Shareholder's Loan In MLH Property

Reuters03-18

March 18 (Reuters) - Future World Holdings Ltd

:

* ACQUISITION OF STAKE AND ASSIGNMENT OF SHAREHOLDER'S LOAN IN MLH PROPERTY

* ACQUISITION OF EQUITY INTEREST IN ZHI YING PROPERTY

* UNIT TO ACQUIRE 10% EQUITY INTEREST IN ZHI YING PROPERTY FOR RMB3.9 MILLION

* UNIT TO ACQUIRE ENTIRE STAKE IN MLH PROPERTY FOR RMB3.4 MILLION

* UNIT TO ACQUIRE SHAREHOLDER'S LOAN FOR RMB32 MILLION

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((Reuters.Briefs@thomsonreuters.com;))

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