TAZ Tai Zi

 

TIDMTAZ 
 
RNS Number : 3456T 
Tai Zi Capital Ltd 
04 June 2009 
 

Embargo for 7.30am 4 June 2009 
 
 
Tai Zi Capital Ltd (the 'Company' or "Tai Zi") 
 
 
Further details regarding suspension of shares on AIM 
 
The board of Tai Zi Capital Ltd regrets to announce that Mr. Jen-Ching Chen 
("Mr. Chen"), Executive Chairman of Tai Zi was detained by Taiwan prosecutors on 
2 June 2009 to assist with their investigations into possible fraud involving 
Prince Housing and Development Corp ("Prince Housing"), a property development 
company quoted on the Taiwan Stock Exchange. 
 
 
Prince Housing announced that it would cooperate with the investigation. Prince 
Asset Management is interested in 83% of the issued share capital of Tai Zi. 
Prince Housing is the ultimate controlling shareholder of Prince Asset 
Management. 
 
 
The Company will update shareholders once further information has been made 
available. 
 
 
 
 
For further information, please contact: 
 
 
+------------------------------------------------+-----------------------+ 
| Tai Zi Capital Ltd                             | Tel:+852 3719 7300    | 
| Lawrence Man Kwan NG/David Thomas              |                       | 
| www.taizicapital.com                           |                       | 
|                                                |                       | 
+------------------------------------------------+-----------------------+ 
| ZAI Corporate Finance Ltd                      | Tel: +44 (0)20 7398   | 
| Dominique Doussot/Jonathan Evans               | 2900                  | 
|                                                |                       | 
+------------------------------------------------+-----------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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