29 Jun 2015 11:19
GEONG INTERNATIONAL LIMITED - Extension of CULSGEONG INTERNATIONAL LIMITED - Extension of CULS
PR Newswire
London, June 29
29 June 2015
GEONG International Limited
(“GEONG” or the “Company”)
Extension of Maturity of Convertible Unsecured Loan Stock ("CULS")
The Board announces that, following further discussions with Hanafin Investments Limited ("Hanafin") regarding the ÂŁ1,000,000 of CULS held by Hanafin, the Company and Hanafin have agreed, and Hanafin has confirmed in writing, that the maturity date of the CULS should be extended from 30 June 2015 to 30 September 2015. All other terms of the CULS remain unchanged.
The Board also advises shareholders that it is in the process of drawing up its accounts for the year ended 31 March 2015 in preparation for the annual audit and expects to be in a position to provide a trading update to shareholders in mid-July
For further information, please contact:GEONG International Limited www.geong.com Tel: +86 10 8586 9655Henry Tse, Chairman Weidong Wang, CEONomad and brokerfinnCap Ltd Tel: +44 (0) 20 7220 0500Stuart Andrews / Scott Mathieson
About GEONG International LimitedGEONG is recognised as a leading independent Internet software solutions provider and operator for large enterprises in China.Registered in Jersey, the Company's operations are headquartered in Beijing, China. GEONG International Ltd. (GEONG or the Company) has been quoted on the London Stock Exchange (LSE AIM: GNG.L) since June 2006. The Company has since transformed from an ECM (Enterprise Content Management) software and service centric business to an internet business centric company.GEONG is an internet solutions and service software company managed by a world class management and professional team who collectively own 26% of the business. The Company's mission is to help its clients to improve their business efficiency and customer satisfaction through smarter internet applications.For more information, please visit www.geong.com.