CTI.L Regulatory News (CTI)

28 Jul 2005 18:03

Cathay International Holdings Ld28 July 2005 Cathay International Holdings Limited 28 July 2005 Adjournment of Annual General Meeting and Shareholder Information Session Cathay International Holdings Limited ("Cathay" or the "Company") announcedtoday that it had reached an agreement regarding proposed investments inpharmaceutical manufacturing and distribution companies operating in the PRCmarket. The Company also announced today that it proposed to make an Open Offerof 126,589,628 New Common Shares at 9 pence per New Common Share to raise up to£11,393,067 (US$19,853,558) (£10,991,368 (US$19,153,558) net of expenses). Owingto the size of the proposed investments they are conditional on the approval ofShareholders which will be sought at a Special General Meeting on 16 August2005. In accordance with the Notice of Annual General Meeting sent toShareholders on 8 July 2005 the Annual General Meeting has been convened for 1August 2005. The Board has decided that it is in the best interests of the Company and theShareholders that the Annual General Meeting and the Special General Meetingtake place on the same day and accordingly the Annual General Meeting scheduledto take place on 1 August 2005 at 2.00 p.m. has been adjourned to 16 August 2005at 2.00 p.m. at the Yen Room, the Brussels Marriott Hotel, Rue A. Orts 3-7,B-1000 Brussels, Belgium. A Form of Proxy for use by Shareholders in connection with the adjournment ofthe Annual General Meeting was enclosed with the Notice of Annual GeneralMeeting sent to Shareholders on 8 July 2005. If you are a Shareholder, you arerequested to complete, sign and return the Form of Proxy, whether or not youintend to be present at the meeting, and return it to Capita Registrars at TheRegistry, 34 Beckenham Road, Beckenham, Kent BR3 4TU as soon as possible and inany event so as to arrive not later than 2.00 p.m. on 13 August 2005. Please note that the Shareholder information session scheduled to take place on29 July 2005 at 10.00 a.m. has also been adjourned to 15 August 2005 at 2.00p.m. at the Staple and Gray's Inn Suite, the Renaissance Chancery Court Hotel,252 High Holborn, London WC1V 7EN. Enquiries to: Cathay International Holdings Limited25/F Standard Chartered Bank Building4-4A Des Voeux RoadCentralHong Kong Attention: Stephen Hunt, DirectorTel: +852 2828 9289 This information is provided by RNS The company news service from the London Stock Exchange