Mr. Sun XiYi Exercises Option and Becomes Main Shareholder of Euro Asia
(Thomson Reuters ONE) -
Euro Asia Premier Real Estate Company Limited / Mr. Sun XiYi Exercises Option and Becomes Main Shareholder of Euro Asia processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Weifang (People's Republic of China), 13 July 2010.
Euro Asia Premier Real Estate Company Limited ("Euro Asia", ISIN: VGG3223A1057)
publishes today the exercise of an option by Mr. Sun XiYi, Chairman of the
Board, according to that he acquired 7 million shares of Euro Asia from Mr.
Patrick P.L. Chan in June 2010. Mr. Sun XiYi is now main shareholder of the
Company, representing a total of 63.3% of the outstanding shares. Vice Chairman
Mr. Patrick P.L. Chan represents a holding of 18.2% of the 11 million
outstanding shares. The transaction was according to the outline in the issuing
prospectus for the going public at the Frankfurt Stock Exchange in May 2010.
About Euro Asia
Euro Asia is a BVI registered company, active in real estate development in the
Shandong area of the People's Republic of China. The Company operates locally
through its subsidiaries, jointly owned with SNI, a leading local development
company. Generating leasing revenues from a number of commercial properties, the
Company has a number of other projects under development. By utilizing its
strong local network to banks, political decision makers, land owners and other
developers, the Company intends to grow its position in the region prior to
moving into other prefecture-level cities.
Contact:
Schwarz Financial Communication
Frank Schwarz
Tel: +49 611 1745 398 11
Schwarz(at)schwarzfinancial.com
[HUG#1431220]
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Euro Asia Premier Real Estate Company Limited
Jian Hong East Street No 316 Weifang City, Shandong China
Listed: Xetra Stars in Frankfurter Wertpapierbörse;
Press Release as PDF: http://hugin.info/143073/R/1431220/377737.pdf
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(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
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Source: Euro Asia Premier Real Estate Company Limited via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 13.07.2010 - 10:15 Uhr
Sprache: Deutsch
News-ID 23817
Anzahl Zeichen: 0
contact information:
Town:
Weifang City, Shandong
Kategorie:
Business News
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