Score One to Raise Capital for Acquisitions
2007年8月11日 - 6:00AM
PRニュース・ワイアー (英語)
HONG KONG, Aug. 10 /Xinhua-PRNewswire/ -- Score One Inc. (OTC:SREA)
(BULLETIN BOARD: SREA) announced today that the Company is
negotiating with Dragon Gainer-Gold Fund, a private investment
company (http://www.dg.com.hk/) based in Hong Kong with total fund
under management of approximately US$30 million, to provide a
combination of equity and debt financing in the amount of between
US$2 million and $4 million. "Upon successful completion of the
financing, we intend to use the proceeds to acquire several
small-sized auto parts manufacturers domestically as well as
internationally for the growth of the Company," said Ms. Hoi-ho
Kiu, Chairman and CEO of Score One, Inc. "Our strategy to take part
in the auto parts industry is crystal-clear. We recently eye
overseas acquisitions of our counter part so as to get around the
rising trade protectionism against Chinese products in other
western countries." About Xian Bohua Machinery Electronic Co. Ltd.
With over 100 well trained and experienced staff, Xian Bohua is an
expert in developing and manufacturing antilock brake system (ABS)
in China. It supplies its ABS to over 100 vehicle models with an
annual capacity exceeding 200,000 pieces. About Score One Inc.
Score One Inc. is a comprehensive investment service group and the
parent company of RC Capital Limited, a Hong Kong based corporation
which business includes financial consultation, investment and
financial planning, enterprise re-organization, public offering
consultation, and direct investment. Currently, Score One is in
negotiation with possible corporation with Xian Bohua as well as
eyeing overseas acquisitions. Safe Harbor Information in this news
release or on this website may contain statements about future
expectations, plans, prospects or performance of Score One Inc.
that constitute forward-looking statements for purposes of the safe
harbor provisions under the Private Securities Litigation Reform
Act of 1995. The words or phrases "can be," "expects," "may
affect," "believed," "estimate," "project," and similar words and
phrases are intended to identify such forward-looking statements.
Score One Inc. cautions you that any forward-looking information
provided by or on behalf of Score One Inc. is not a guarantee of
future performance. None of the information on this website
constitutes an offer to sell securities or investment advice of any
kind, and visitors should not base their investment decisions on
information contained in this website. Score One Inc.'s actual
results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Score One Inc.'s control. In
addition to those discussed in Score One Inc.'s press releases,
public filings, and statements by Score One Inc.'s management,
including, but not limited to, Score One Inc.'s estimate of the
sufficiency of its existing capital resources, Score One Inc.'s
ability to raise additional capital to fund future operations,
Score One Inc.'s ability to repay its existing indebtedness, the
uncertainties involved in estimating market opportunities and, in
identifying contracts which match Score One Inc.'s capability to be
awarded contracts. All such forward-looking statements are current
only as of the date on which such statements were made. Score One
Inc. does not undertake any obligation to publicly update any
forward-looking statement to reflect events or circumstances after
the date on which any such statement is made or to reflect the
occurrence of unanticipated events. For more information, please
contact: Investors Relation Officer Tel: 852-2251-8831 Fax:
852-2251-8830 Email: DATASOURCE: Score One Inc. CONTACT: Investors
Relation Officer, +1-852-2251-8831, Fax, +1-852-2251-8830, Web
site: http://www.dg.com.hk/
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