The Smarter Web Regulatory News (SWC)

30 Nov 2005 07:00

Sweet China PLC30 November 2005 Sweet China announces that it is in advanced negotiations with a view to makinga substantial acquisition. In the event those negotiations and commercial due diligence (which has yet tobe commenced) are completed satisfactorily, the acquisition will amount to a "reverse takeover" under the AIM Rules and will require shareholders' approval. Due to recent press speculation, the Company has therefore requested asuspension from trading in its shares on AIM pending the production of thecircular to shareholders in due course. In the event that the negotiations failto conclude satisfactorily, a further announcement will be made. Enquiries: Chris Cleverly, Chief Executive, Sweet China Plc - 020 7404 0777 / 07985 417723 John Wakefield, Rowan Dartington & Co. Limited - 0117 933 0020 This information is provided by RNS The company news service from the London Stock Exchange