DGAP-News: Allgreentech International Plc Intends Upgrade to Entry Standard

DGAP-News: Allgreentech International Plc Intends Upgrade to Entry Standard

ID: 150109

(firmenpresse) - DGAP-News: Allgreentech International Plc / Key word(s): Miscellaneous
Allgreentech International Plc Intends Upgrade to Entry Standard

25.05.2012 / 09:07

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Allgreentech International Plc Intends Upgrade to Entry Standard

Audited accounts for 2011 to be published by the end of June 2012

Petaling Jaya, Malaysia, May 25, 2012, Allgreentech International Plc (AGT;
Ticker: V7E, ISIN: GB00B65SNJ08) today announced the Company intends to
upgrade the listing of its shares to the Entry Standard of the Unofficial
Regulated Market segment of the Deutsche Boerse, Frankfurt.

Navin Sidhu, Allgreentech's CEO, stated: 'We have worked hard this past
year on the operational side of our company and look forward to sharing the
results of our work with the investment community. One of the ways in
which we intend to build a stronger relationship with this community is by
stepping up our communication with the market. Upgrading our listing to
the Entry Standard will provide us with a more regulated environment,
showing our commitment to corporate governance and shareholder
communication. Our accounts for financial year 2011 will be publised by
the end of June 2012, when we will also provide an update on the operations
of our portfolio companies.'

About Allgreentech International Plc

Allgreentech International Plc is an investment company with its operating
headquarters in Petaling Jaya, Malaysia, that looks to create shareholder
value through acquisition of profitable companies and improve their
financial performance through the implementation of green initiatives that
enhance operational initiatives. With a current portfolio of five
companies, active in industrial manufacturing, trading, energy technology
and property management, the company aims to achieve strong synergies




operationally, financially and environmentally. Management aims to create
shareholder value through a buy, 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
info(at)allgreentechplc.com
www.allgreentechplc.com

Frank Schwarz
SCHWARZ FINANCIAL COMMUNICATION
Abeggstrasse 4
65193 Wiesbaden
tel. + 49.611.1745.398.0
schwarz(at)schwarzfinancial.com


End of Corporate News

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25.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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171430 25.05.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 25.05.2012 - 09:07 Uhr
Sprache: Deutsch
News-ID 150109
Anzahl Zeichen: 36404

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