9 Mar 2011 07:00
CATHAY INTERNATIONAL HOLDINGS LIMITED
APPOINTMENT OF ADVISER
Hong Kong, 9 March 2011 - Cathay International Holdings Limited (LSE: CTI.L) (the "Company"), an investment holding company and a leading investor in the growing healthcare sector in the People's Republic of China, is pleased to announce that Peel Hunt LLP has been appointed as the Company's retained financial adviser and corporate broker with immediate effect.
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For further enquiries, please contact:
Cathay International Holdings Limited |
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Eric Siu (Finance Director) Patrick Sung (Director and Controller) | Tel: +852 2828 9289 |
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M:Communications |
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Mary-Jane Elliott / Nick Francis / Amber Bielecka
| Tel: +44 (0) 203 920 2330 |
About Cathay International Holdings Limited
Cathay International Holdings Limited (CIH), focused on the People's Republic of China (PRC), is an investment holding company and a leading investor in the growing healthcare sector in China. The Group employs more than 2000 people across the PRC, including over 30 specialist corporate and business development staff based at the holding company's headquarters in Hong Kong and Shenzhen.
CIH aims to identify investment opportunities with emphasis on high growth healthcare markets and build them into market sector leaders, with a clear exit strategy. The Group has demonstrated a strong track record of identifying high-growth potential investment opportunities in this area including: Lansen Group, a leading specialty pharmaceutical company focused on rheumatology and Haotian Group, a company engaged in the manufacture, marketing and sale of key active ingredients for healthcare products, including inositol. To complement its healthcare portfolio, CIH has an R&D business focused on bringing new products to the growing Chinese market.
The Group also has a private equity investment arm focused on minority investment opportunities and a hotel investment.