The Phoenician Fund Corporation I and China Pub Company PLC announce that they have reached an agreement in principle on the terms of a proposed offer to be made by Phoenician for the entire issued share capital of China Pub.
The following securities are suspended from their official listing on the Channel Islands Stock Exchange with effect from the time and date of this notice. The listing of the following securities has been suspended from 04 March 2009 at 12:00 at the request of the company.
The Directors of China Pub Company PLC announce that pending clarification of a possible offer it has requested an immediate suspension of trading in its shares which the CISX has agreed will take effect from midday on 4 March 2009