HK Bourse: Press Release from China Glass

Date: 10 March 2006
Source: Yahoo.com

Date: 10 March 2006

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.Reference is made to the announcement of China Glass Holdings Limited (the "Company") dated 14 February 2006 in respect of a proposed very substantial acquisition and connected transactions.

Application has been made to HKSE for an extension of time to despatch the circular to the Company's shareholders on or before 29 March 2006. Reference is made to the announcement of the Company dated 14 February 2006 in respect of a proposed very substantial acquisition and connected transactions (the "Announcement"). Terms used herein shall have the same meaning as defined in the Announcement unless otherwise defined herein.

In accordance with Rule 14.38 and Rule 14A.49 of the Listing Rules, the Company is required to send a circular to the Shareholders within 21 days after the publication of the Announcement, which is 8 March 2006. Due to the complexity and the sheer size of the Entire Transactions as set out in the Announcement, additional time is required for the compilation of property valuation report, statement of indebtedness and working capital forecast in relation to the Group and the Acquired Companies in accordance with the Listing Rules for inclusion in the circular. Therefore, the Company has made an application to HKSE for an extension of time to despatch the circular to the Shareholders on or before 29 March 2006.

More on the source link...
600450 HK Bourse: Press Release from China Glass glassonweb.com

See more news about:

Others also read

MORE...

Lincoln Glass Celebrates 50th Year
Owners of Lincoln Glass in Newport, Dan and Elayne Mason, celebrated their 50th anniversary in the business this year. Dan's parents, John and Grace Mason, established Lincoln Glass in 1956 and oversaw day-to-day operations for 20 years.
Potters Industries Inc. Announces Price Increase For Metal Finishing and Impact Glass Bead Products
Potters Industries Inc., an affiliate of PQ Corporation, announced today that, effective February 15, 2007, the price on all Metal Finishing Glass Bead and Ground Glass product shipments will increase up to 3 cents a pound.
Retail Architects Say Better-Looking Stores Mean Profits
Edward A. Shriver Jr., a Pittsburgh architect who works in retail store design, encourages architects and retail owners alike to "think outside the box," light years away from the designs that have dominated American retail architecture in recent decades.
Optical-Glass Firm Buys Camera Maker Pentax
Hoya Corp., Japan's largest optical glass maker, agreed to buy camera maker Pentax Corp. for 90.6 billion yen ($765 million) to add endoscopes and surgical scissors.
Mysterious Egyptian Glass Formed by Meteorite Strike, Study Says
Strange specimens of natural glass found in the Egyptian desert are products of a meteorite slamming into Earth between 100,000 and 200,000 years ago, scientists have concluded.
Business Of Glass Manufacturer Gecsat Down 16%
ZF.com reported that Tarnaveni (Romania)-based Gecsat, estimates an approximately 6.4 million-euro turnover for this year, a 16% drop against last year, when the company posted a 7.6 million-euro turnover.

Add new comment