Allgreentech International Plc to Effect 10 to 1 Reverse Split of Shares
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Allgreentech International PLC /
Allgreentech International Plc to Effect 10 to 1 Reverse Split of Shares
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Petaling Jaya, Malaysia, October 4, 2011, Allgreentech International Plc
(Ticker: V7E, ISIN: GB00B65SNJ08), a UK registered investment company with its
operating headquarter in Petaling Jaya, Malaysia, today announces the reverse
split of its shares listed on the Open Market of Frankfurt Stock Exchange was
approved by the General Meeting of shareholders, held on 30 September, 2011.
Following the reverse split, effective as of September 30, the par value of the
common shares changed from GBP 0.01 to GBP 0.10. The move was initiated in
order to comply with the new listing rules of the Frankfurt Stock Exchange that
require a par value of at least ? 0.10. The number of shares outstanding
following the split is 325,639,761.
About Allgreentech International Plc
Allgreentech International Plc is an investment company with its operating
headquarter in Petaling Jaya, Malaysia, that looks to create shareholder value
through buying, operating and improving companies directly or indirectly aligned
with the energy, resources and environment sectors. The Company aims to acquire
profitable companies and improve their financial performance through the
implementation of green initiatives that enhance operational initiatives. With
a current portfolio of three companies, active in galvanizing, metals trading
and property management, the company has managed to achieve strong synergies.
Management aims to create shareholder value through a buy, hold, improve and
grow strategy.
For more information
Allgreentech International PLC (Co. No: 07216586)
Mr. Navin S. Sidhu
5th Floor, West Wing, Quattro West, No. 4 Lorong Persiaran Barat,
46200 Petaling Jaya, Selangor, Malaysia
tel. +(603) 7957 1115, +(603) 7957 2115 fax. +(603) 7957 3115
email. info(at)allgreentechplc.com
url. www.allgreentechplc.com
Frank Schwarz
SCHWARZ FINANCIAL COMMUNICATION
Humboldtstrasse 11
65189 Wiesbaden
tel. + 49.611.1745.398.0
email. schwarz(at)schwarzfinancial.com
--- End of Message ---
Allgreentech International PLC
5th Floor, West Wing, Quattro West, No. 4 Lorong Persiaran Barat Petaling Jaya, Selangor Malaysia
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
AGT PR:
http://hugin.info/147878/R/1551912/478064.pdf
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Source: Allgreentech International PLC via Thomson Reuters ONE
[HUG#1551912]
Datum: 04.10.2011 - 12:03 Uhr
Sprache: Deutsch
News-ID 72469
Anzahl Zeichen: 3432
contact information:
Town:
Petaling Jaya, Selangor
Kategorie:
Business News
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