AMZ to explore strategic options
February 02 2009 - 2:00AM
UK Regulatory
TIDMAMZ
RNS Number : 5906M
AMZ Holdings plc
02 February 2009
2 February 2009
AMZ Holdings plc ("AMZ" or "the Company")
AMZ to explore strategic options
The Company is pleased to announce that it has appointed Merrill Lynch & Co. to
assist the Company in identifying and evaluating its strategic options with
regard to its landholdings in Taiwan. This follows the passing of legislation to
enable gaming on the offshore islands of Taiwan, a significant milestone for the
Company given its resort-approved landholding on the island of Penghu. Penghu
has announced that it will support the development of gaming resorts and is
actively seeking to attract the interest of major international gaming
operators.
Investors should note that the Company is managed and controlled outside the
UK, the Channel Islands and the Isle of Man and, in consequence, the Takeover
Panel has confirmed that the Company is not subject to The City Code on
Takeovers and Mergers.
For further information contact
Chris Baldwin +1 212-449-2260/Rag Bala +1 212-449-8058
Merrill Lynch
Jonathon Brill/Caroline Stewart +44 (0) 20 7831 3113
Financial Dynamics
Stuart Andrews/Chris Clarke +44 (0) 20 7071 4300
Evolution Securities
This information is provided by RNS
The company news service from the London Stock Exchange
END
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