DGAP-News: PRESIDENTS CORPORATE GROUP ANNOUCE ENTERING INTO A LETTER OF INTENT TO ACQUIRE A WELLNESS

DGAP-News: PRESIDENTS CORPORATE GROUP ANNOUCE ENTERING INTO A LETTER OF INTENT TO ACQUIRE A WELLNESS CENTER IN AUSTRIA

ID: 32304

(firmenpresse) - DGAP-News: Presidents Corporate Group, Inc. / Key word(s): Letter of
Intent
PRESIDENTS CORPORATE GROUP ANNOUCE ENTERING INTO A LETTER OF INTENT TO
ACQUIRE A WELLNESS CENTER IN AUSTRIA

04.10.2010 / 13:30

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News Release

PRESIDENTS CORPORATE GROUP ANNOUCE ENTERING INTO A LETTER OF INTENT TO
ACQUIRE A WELLNESS CENTER IN AUSTRIA

Singapore, 4th October 2010- Presidents Corporate Group ('Presidents') has
entered into a Letter Of Intent to acquire a Wellness Center in Austria for
an estimated purchase price of EURO 10,000,000 (Ten Million Euros) in cash
and shares.

The wellness centre in Austria is an emerging trend in Europe where
healthcare and wellness are top priorities for the population. Both the
companies are eager to augment their businesses with more acquisitions in
the industry and see tremendous potential for growth in the near future.
The Wellness Center is licensed as a hospital as well as recreational
recovery center for injuries and other physiological recovery center.

About Presidents Corporate Group

Presidents Corporate Group, Inc is a Nevada Corporation trading on
Frankfurt Stock Exchange (symbol 'PI6') and provided emerging companies
with financing solutions, offering a wide range of corporate services
around the world.

Presidents Corporate Group network of associates with financial services
firms include finance companies, merchant banks and mutual fund advisors,
all of which comprise a network of individuals. Presidents Corporate Group
website is www.presidentscorp.com


End of Corporate News


04.10.2010 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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99970 04.10.2010

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Bereitgestellt von Benutzer: EquityStory
Datum: 04.10.2010 - 13:31 Uhr
Sprache: Deutsch
News-ID 32304
Anzahl Zeichen: 0

contact information:

Kategorie:

Business News



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