Euro Asia Premier Real Estate Company Limited
Euro Asia to form new Board of Directors
Euro Asia Premier Real Estate Company Ltd. / Key word(s): Miscellaneous Euro Asia to form new Board of Directors Weifang (People’s Republic of China), 23 December 2013. Euro Asia Premier Real Estate Company Ltd. announces the resignation from the Board of Directors of Mr. Sun Xi Yi, Mr. Li Yu and Mr. Cao Renzhong, effective immediately. In their failure to discharge their obligations as Directors of the Company, these Board Members were considered responsible for the undue delay in publishing of Euro Asia’s audited financial statements as of 31 December 2012 . Also effective immediately, Mr. Jin Xing has been appointed as a new Member of the Board of Directors. Going forward, the Board will consist of Mr. Patrick Chan who will remain Chairman, Mr. Jin Xing, and Mr. Sun Hai Tao, who will remain on the Board representing the departed directors. The new Board will hold its initial meeting on 16 January 2014, when the audited financial statements for fiscal year 2012 shall be confirmed. Publication of the financial statements is scheduled for 16 January 2014. The company intends to publish its unaudited financial statement for the first half of fiscal year 2013 on 30 December 2013. The new Board of Directors will seek confirmation of its appointment at the upcoming AGM. In an earlier release dated 14 August 2013, Euro Asia announced its intention to acquire new properties. The Board and Management reconfirm this previously announced intent and will review and confirm the targeted assets to be purchased in the upcoming meeting. The proposed investment plan will be presented at the AGM. Management is currently in discussions with several established financial institutions in Germany in order to retain them as advisers for the proposed transaction. Contact: About Euro Asia End of Corporate News 23.12.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Euro Asia Premier Real Estate Company Ltd. | |
Nerine Chambers, P.O. Box 905 | ||
Road Town Tortola | ||
Virgin Islands (British) | ||
Internet: | www.eu-asia.net | |
ISIN: | VGG3223A1057 | |
WKN: | A0YGJM | |
Listed: | Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Frankfurt in Open Market (Entry Standard) | |
End of News | DGAP News-Service |
246211 23.12.2013 |