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Statement re Separation Transaction

15th Jan 2014 13:38

RNS Number : 7348X
Asia Resource Minerals PLC
15 January 2014
 



 

 

 

15 January 2014

For Immediate Release

 

Asia Resource Minerals plc ("ARMS" or the "Company")

 

Statement Regarding Separation Transaction

 

ARMS announces that it has been informed by the Bakrie Group that it is not able to complete the Separation Transaction in accordance with the original January 2014 timetable and a request has been made by the Bakrie Group to extend the timetable to completion. The Company is engaged in discussions with the Bakrie Group to understand the reasons for the delay and how long that delay needs to be and will consider this request for an extension based on those reasons.

 

- ENDS-

 

For enquiries, please contact:

 

Asia Resource Minerals plc

 

Sean Wade

+44 (0) 20 7201 7511

RLM Finsbury

 

Ed Simpkins / Charles O'Brien

+44 (0) 20 7251 3801

 

 

 

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