Disposal (5165I)
June 15 2011 - 11:28AM
UK Regulatory
TIDMCWO
RNS Number : 5165I
China Wonder Limited
15 June 2011
China Wonder Limited
("China Wonder" or the "Company")
Disposal of Wonder Packing Machinery Co., Ltd
Further to the announcement made by the Company on 4 April 2011
(the "4 April Announcement"), China Wonder is pleased to announce
that all of the conditions relating to the proposed disposal of
Wonder Packing Machinery Co., Ltd (further details of which are
contained in the 4 April Announcement) (the "Disposal") have been
satisfied and that the Disposal has now completed. Accordingly the
Company no longer has any trading businesses and will become an
investing company (as such term is defined in the AIM Rules).
As at the date of this announcement, the Company has cash
resources of approximately RMB57,750,000 (approximately GBP5.45
million assuming an exchange rate of GBP1:RMB10.6).
For further information, please contact:
Mark Chapman China Wonder Limited Tel: 01483 894 627
Mob: 07918 733 111
Dan Bate WH Ireland Limited Tel: 0161 832 2174
Dru Edmondstone Rivington Street Corporate Tel: 020 7562 3364
Finance
This information is provided by RNS
The company news service from the London Stock Exchange
END
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