16th Nov 2010 12:30
CHINA GROWTH OPPORTUNITIES
(the "Company")
In the 31 March 2010 Annual Report and Financial Statements of the Company, we announced that the Company had agreed to sell its entire holding in the Wan Wei Oil and Gas Technology Group for a total of US$750,000, which was due in three equal instalments in September 2010, December 2010 and March 2010. The Company has not received the first instalment and it has become apparent that this sale will not now proceed.
Our objective continues to be to realise assets at the appropriate time and value and to return the proceeds less expenses to our shareholders.
For further information, please visit www.chinagrowthopportunities.com, or contact:
Rhys Davies Chairman Tel: +41 (0) 79 620 0215 | James Maxwell Singer Capital Markets Limited Tel: +44 20 3205 7623 | Elysium Fund Management Limited PO Box 650 No. 1 Le Truchot St Peter Port Guernsey GY1 3JX
Tel: +44 1481 810 100 Fax: +44 1481 810 120 e-mail: Elysium@elysiumfundman.com |
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