27th Jun 2014 08:39
GEONG INTERNATIONAL LIMITED - Statement re CULSGEONG INTERNATIONAL LIMITED - Statement re CULS
PR Newswire
London, June 27
GEONG International Limited ("GEONG" or the "Company") Extension of CULS GEONG International Limited (AIM: GNG), a leading Internet software solutionsprovider and operator for large enterprises in China, announces it has reachedan agreement with Hanafin Investments Limited to extended the repayment date ofthe £1.0m of outstanding Convertible Unsecured Loan Stock ("CULS") to 31December 2014. The CULS continues to carry an interest coupon of 7.5% andremains convertible into ordinary shares at a price of 5p per share. For further information, please contact: GEONG International Limited www.geong.com Tel: +86 10 8586 9655Henry Tse, ChairmanWeidong Wang, CEO Nomad and brokerfinnCap Tel: +44 (0) 20 7220 0500Stuart AndrewsBen Thompson About GEONG International Limited GEONG is recognised as a leading independent Internet software solutionsprovider and operator for large enterprises in China. Registered in Jersey, the Company's operations are headquartered in Beijing,China. GEONG International Ltd. (GEONG or the Company) has been quoted on theLondon Stock Exchange (LSE AIM: GNG.L) since June 2006. The Company has sincetransformed from an ECM (Enterprise Content Management) software and servicecentric business to an internet business centric company. GEONG is an internet solutions and service software company managed by a worldclass management and professional team who collectively own 26% of thebusiness. The Company's mission is to help its clients to improve theirbusiness efficiency and customer satisfaction through smarter internetapplications.
For more information, please visit www.geong.com
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