Advanced City Investments limited entered into a sale and purchase arrangement to acquire 27.9% stake in Champion Technology Holdings Ltd. (SEHK:92) from Lawnside International Limited, Investment Arm for HKD 270 million on October 1, 2016. Advanced City Investments acquired 1.8 billion shares of Champion Technology. Advanced City Investments limited completed the acquisition of 27.9% stake in Champion Technology Holdings Ltd. (SEHK:92) from Lawnside International Limited, Investment Arm on October 1, 2016.