DGAP-News: Asiapac Capital Services Inc.: AsiaPac Capital Services to Acquire Lewisberg Warehousing and Logistics Corp.
(firmenpresse) - DGAP-News: Asiapac Capital Services Inc. / Key word(s): Miscellaneous
Asiapac Capital Services Inc.: AsiaPac Capital Services to Acquire
Lewisberg Warehousing and Logistics Corp.
21.03.2011 / 11:10
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AsiaPac Capital Services to Acquire Lewisberg Warehousing and Logistics
Corp.
Toronto, Canada - (For immediate release) - March 21, 2011
AsiaPac Capital Services Ltd.: Deutsche Börse symbol: 5AP. (www
.asiapaccapital.ca), has reached an Agreement to acquire 100% of Lewisberg
Warehousing and Logistics Corp.(Lewisberg), a Philippines based warehouse
and logistics company. The acquisition will be made on an all cash basis,
with the deal valued at approximately EUR300,000. Lewisberg is being
acquired by Greenworld Warehousing and Logistics, a subsidiary of AsiaPac
Cargo.
The Freeport Area of Bataan (FAB), headed by Chairman/Administrator
Deogracias G. P. Custodio, recently approved the application for
registration of five companies as FAB enterprises, including Lewisberg.
Lewisberg renders warehousing and logistic services for export enterprises
located at the FAB.
Custodio noted that prospective clients of Lewisberg include: Lindberg
Subic Inc., manufacturer of high fashion frames; and Polar Marine Inc.,
assembler of tank cleaning equipment for ships. The company will handle
storage, safekeeping, and inventory management of raw materials and
production supplies of their respective clients.
Disclaimer&Safe Harbor Statement:
This release may contain certain 'forward-looking statements' with respect
to certain of AsiaPac Capital Services Ltd.'s plans, goals and expectations
regarding its future financial condition, performance, results, strategy
and objectives. Words such as 'anticipates', 'expects', 'intends', 'plans',
'believes', 'seeks', 'estimates', 'may', 'could', 'would', 'might', 'will'
and variations of these words or similar expressions are intended to
identify forward-looking statements. In addition, any statements that refer
to expectations, beliefs, plans, projections, objections, performance or
other characterizations of future events or circumstances, including any
underlying assumptions, are forward-looking statements. Forward-looking
statements in this press release are not promises or guarantees of future
performance and are subject to risks and uncertainties that could cause
AsiaPac Capital Services Ltd.'s actual results to differ materially from
those anticipated. AsiaPac Capital Services Ltd. cautions the reader not to
place undue reliance upon any such forward-looking statements. These
forward-looking statements involve known and unknown risks as well as
uncertainties, including those discussed herein as well as the following:
(i) domestic and global economic and business conditions; (ii) market
related risks and the performance of financial markets generally; (iii) the
policies and actions of regulatory authorities; (iv) the impact of
competitive factors; (v) risks and uncertainties associated with future
acquisitions or combinations within relevant industries; and (vi) changes
in capital, solvency or accounting standards as well as tax and other
relevant legislation or regulations in the jurisdictions in which AsiaPac
Capital Services Ltd. operates. The actual results that AsiaPac Capital
Services Ltd. achieves may differ materially from any forward-looking
statements which are based on management's beliefs and opinions at the time
the statements are made. AsiaPac Capital Services Ltd. does not undertake
any obligation to update forward-looking statements should circumstances or
management's beliefs or opinions change.
For further information please contact:
For further information please contact:
AsiaPac Capital Services Ltd.
7th GE Antoninio Bldg,
T M Kalaw Street
Manila Philippines.
Tel: 5254186
Email: info(at)asiapaccapital.ca
investor(at)asiapaccapital.ca
End of Corporate News
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116234 21.03.2011
Datum: 21.03.2011 - 11:10 Uhr
Sprache: Deutsch
News-ID 33521
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Kategorie:
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