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Investment Update

16th Nov 2010 12:30

RNS Number : 2665W
China Growth Opportunities Ltd
16 November 2010
 



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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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