Update re portfolio realisation
(Thomson Reuters ONE) - For immediate release on 10 September 2009INDOCHINA CAPITAL VIETNAM HOLDINGS LIMITED(the "Company")Update re portfolio realisationFurther to the announcement by the Company on 3 September 2009 thatit has now begun an orderly realisation of its entire portfolio, theBoard confirms that it is actively reviewing ways of distributing thenet proceeds of the realisation in a timely manner which is fair toall shareholders.The Board currently expects that it will convene an ExtraordinaryGeneral Meeting at which it will be proposed that the Articles beamended to permit the Board to return the net proceeds of therealisation by way of compulsory repurchases on a pro rata basis. TheBoard therefore anticipates being in a position to make an initialdistribution of substantially all of the cash held by the Companyimmediately after such amendments have been approved by shareholders.A circular containing full details of the process for distribution ofthe realisation proceeds and notice of the Extraordinary GeneralMeeting will be sent to shareholders as soon as practicable.For further information please contact:Indochina Capital Advisors Limited +84 8 3910 1525Beat SchuerchArbuthnot Securities Limited 020 7012 2000Alastair MoretonHannah Pearce---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 10.09.2009 - 13:23 Uhr
Sprache: Deutsch
News-ID 5677
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 217 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Update re portfolio realisation"
steht unter der journalistisch-redaktionellen Verantwortung von
Indochina Capital Vietnam Holdings Ltd (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
