In a Financial Times article by David Blackwell, David reports on the trials and tribulations of three companies that in 2007 were seeking to become aim listed. One of those three companies is The China Pub Company.
Phoenician and China Pub are pleased to provide an update to the proposed board of directors of the Resulting Issuer.
2008 has been a year of both progress and chalenge for China Pub Company plc. As you are no doubt aware, global financial markets are experiencing difficult times and China Pub Company plc has not been immune. However while the economic struggle has impacted negatively on our strategy and timing for expansion plans, it has also provided the Board with reassurance that Greater China is the place to be.
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.