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China Everbright Holdings denied to buy a stake in Cheuk Nang

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China Everbright Holdings yesterday denied it would buy into Cheuk Nang Properties (Holdings).

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'China Everbright Holdings has no intention to buy a stake in Cheuk Nang,' a spokesman said.

On Wednesday, Cheuk Nang said initial contact had been made with China Everbright for preliminary discussion for a stake in the company after its share price rose sharply in the past few days.

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