23rd Apr 2012 14:15
LED International Holdings Limited
("LED")
LED screen at Harbour Grand Hotel
The board of directors of LED notes media reports that the fire at the Harbour Grand Hotel, North Point, Hong Kong (the "Screen") may have started at the giant LED display screen which LED supplied.
LED understands that the cause is currently under investigation and will contribute fully to this to the extent required. The Screen was handed over to the developer during the summer of 2011 under a warranty provided by LED.
Further developments will be announced at the appropriate time.
**Ends**
For further information:
LED International Holdings Limited | |
Stephen Chan - Chief Executive Officer | +852 2243 3100 |
Allenby Capital Limited | |
Nick Naylor / Alex Price | +44 (0) 20 3328 5656 |
Notes to Editors:
LED International Holdings Limited and its subsidiaries specialize in the development, manufacture and sale of low-powered LED screens, outdoor signs, lamps, lighting and building illumination; and high-powered/medium-powered LED energy efficient indoor and outdoor lighting products.
Under EMC contracts, LED fits energy saving products to the customer's premises, including lighting and reactance filtering equipment supplied by LED, and subsequent savings made by the customer in its electricity bills are then shared between LED and the customer thereby enabling the LED to generate recurring revenue rather than one-off sales revenue.
For more information, please visit: http://www.led-intl.com
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