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3 Nov 2011 11:54
3 November 2011
ASIAN GROWTH PROPERTIES LIMITED
Immediate Release
Director Declaration
The board of directors of Asian Growth Properties Limited (the "Company") (AIM Stock Code: AGP), the Hong Kong based China property development and investment company, announces that the Company has yesterday received notification from its non-executive chairman, Mr. Richard Prickett, that The Romanian Property Fund Limited was put into compulsory liquidation on 1 November 2011 as a result of a failed refinancing plan. Mr. Prickett subsequently tendered his resignation as a non-executive chairman and director of The Romanian Property Fund Limited with effect from 1 Nov 2011.
The above notification was made in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.
For further information, please contact:
Lu Wing Chi | TEL: +852 2828 6363 |
Executive Director | |
Asian Growth Properties Limited |
Richard Gray | TEL: +44 207 459 3600 |
Andrew Potts | |
Panmure Gordon (UK) Limited | |
(Nominated Advisor) |
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