10th Feb 2012 11:59
10 February 2012 GEONG International Limited ("Geong" or the "Company") Statement re Press Speculation GEONG International Limited (AIM:GNG), a leading Internet software solutionsprovider and operator for large enterprises in China, notes the speculationregarding rumours in relation to a potential listing in Hong Kong. Whilst itwas previously explored by the Board, the Board wishes to clarify that it is nolonger considered appropriate and therefore the Company has no currentintention to seek listing in Hong Kong.
The Company expects to announce a trading update for the nine months ended 31 December 2011 on 22 February 2012.
For further information, please contact:
GEONG International Limited www.geong.com Tel: +86 10 5222 0999Weidong Wang, CEO Amit Thakar, CFO Evolution Securities Limited Tel: +44 20 7071 4300
(Nominated Adviser and Joint Broker)
Tim Worlledge Esther Lee
About GEONG International Limited
GEONG is recognised as a leading independent Internet software solutions provider 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 since June 2006. The Company has sincetransformed from an ECM (Enterprise Content Management) software and servicecentric business to an internet business centric company and both revenues andprofits have almost trebled over the last six years.
GEONG is an internet solutions and service software company managed by a world class management and professional team who collectively own 26% of the business. The Company's mission is to help its clients to improve their business efficiency and customer satisfaction through smarter internet applications.
For more information, please visit http://www.geong.com
XLONRelated Shares:
GNG.L