4th Oct 2006 10:55
Asian Growth Properties Limited04 October 2006 Asian Growth Properties Limited4 October 2006 This announcement is not for release, publication or distribution in or into Australia, Canada, Hong Kong, Japan, The Republic of Ireland, South Africa or the United States of America. 4 October 2006 ASIAN GROWTH PROPERTIES LIMITED ACQUISITION OF PROPERTY PORTFOLIO IN HONG KONG AND CHINA RESULT OF EGM The Board of Asian Growth Properties Limited (AIM stock code: AGP) (the "Company"), the Hong Kong based property development and investment company, announces that at the extraordinary general meeting of the Company which took place earlier today, the resolution put to shareholders of the Company (being that set out in the notice of extraordinary general meeting included in the Company's Admission Document dated 19 September 2006) was duly passed as an ordinary resolution of the Company with the requisite majority. The Company expects to be able to announce the completion of the acquisition of the Target Group and its portfolio of six properties in Hong Kong and China and the issue of the Consideration Shares on or before 18 October 2006. ENQUIRIES Don FletcherTel: +61 (0) 414693968Asian Growth Properties Limited David MathewsonTel: +44 (0) 7730 074777Asian Growth Properties Limited Richard GrayAndrew PottsTel: +44 (0) 20 7459 3600Panmure Gordon (Broking) Limited Abigail SingletonLeesa PetersTel: +44 (0) 20 7429 6666Conduit [email protected] / [email protected] Capitalised terms used in this announcement shall, unless defined above or the context otherwise requires, have the meaning given to them in the Admission Document dated 19 September 2006. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AGP.L