HKEx Listing Update
2010年5月21日 - 8:00PM
RNSを含む英国規制内ニュース (英語)
TIDMWCC
RNS Number : 3442M
West China Cement Limited
21 May 2010
West China Cement Limited ("WCC" or the "Company")
HKEx Listing Update
References are made to the announcements of the Company dated 10 February 2010
and 28 April 2010 and the circular of the Company dated 5 March 2010 in relation
to the Company's proposed delisting of the Company from AIM (the "De-Listing").
At the Company's AGM held on 31 March 2010, resolutions were approved by
shareholders in relation to the proposed listing (the "HKEx Listing") of the
shares of the Company on the Main Board of The Stock Exchange of Hong Kong
Limited (the "HKEx"), including the De-Listing to take place at the same time as
the HKEx Listing, on or before 30 June 2010 The Delisting is conditional on the
HKEx Listing taking place.
In view of the prevailing volatile equity market conditions and weak market
sentiment, the Company plans to postpone its current HKEx Listing and De-Listing
timetable. Subject to improvement of the market conditions, it is expected that
the HKEx Listing and the De-Listing will take place in the second half of 2010.
The Company will continue to observe the overall sentiment in the stock market
in Hong Kong and inform the investors and the market as soon as practicable as
to the material developments in relation to the HKEx Listing and De-Listing.
Further announcement will be made by the Company when a more concrete HKEx
Listing and De-Listing timetable is available.
Due to the change in the current timetable, an extraordinary general meeting
will be convened by the Company to propose a resolution to approve the
De-Listing and such resolution will require approval from shareholders holding
not less than 75 per cent. of votes cast.
For further information, please contact:
West China Cement Limited
Po Ling Low, Tel: +86 139 1088 6649
Anthony Schindler, Tel: +44 7710 1789 28
NCB Stockbrokers Limited
Christopher Caldwell, Tel: +44 20 7071 5200
Citigate Dewe Rogerson Asia
Pui Shan Lee' Tel: +86 21 6340 4186
This information is provided by RNS
The company news service from the London Stock Exchange
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