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BRIEF-China Maple Leaf Educational Systems Says Unit To Buy Stake In Luzhou No.7 Jiade Education Investment Co

Dec 10 (Reuters) - China Maple Leaf Educational Systems Ltd :

* UNIT DALIAN MAPLE LEAF EDUCATIONAL GROUP CO TO BUY 66 PERCENT STAKE IN LUZHOU NO. 7 JIADE EDUCATION INVESTMENT CO

* DEAL FOR RMB184.8 MILLION

* DEAL TO BE FINANCED BY PART CASH AND PART ISSUANCE OF 16.1 MILLION SHARES BY CO AT ISSUE PRICE OF HK$3.524 PER SHARE

* UNIT TO BUY STAKE IN LUZHOU NO.7 JIADE EDUCATION INVESTMENT CO FROM SICHUAN WANGSHI GROUP CO Source text for Eikon: Further company coverage: