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SCMP Reporter

Educational toy-maker Team Concepts Holdings has agreed to sell 104.27 million shares, or 46.3 per cent of its stock, to a group of companies comprising Lynrock Corp, Holystone, Hambrook and King's Union Corp for a total of $15.6 million.

    A conditional offer will be made for the outstanding portion of the company's stock.



Toy-maker to sell 46.3pc of its stock