IBMC China AG
IBMC China AG: IBMC China Donates to Support Earthquake Relief
IBMC China AG / Miscellaneous/Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Shanghai, China, May 20 - IBMC announced today it is providing assistance for disaster relief and reconstruction for the part of China that has been affected by one of worst earthquakes in recent history. The massive earthquake, with an aftershock registering at 8.0 on the Richter scale, caused significant loss of life and has left over 5 million without homes and power. A portion of the cash contributions will be given for immediate disaster relief. In addition, assistance will be provided to help reconstruct the devastated communities. IBMC expects the donated funds to be allocated to providing blankets and other emergency related products such as food, batteries and clothing. 'This unexpected disaster brought unnecessary suffering to Sichuan Province and we want to help those who have been affected,' said IBMC China CEO Frank Yuan. 'Giving back to the community is our philosophy.' 'Given the impact of this earthquake, we have decided to donate one day gross sales of our total 26 stores to support Earthquake Relief' said CEO, Frank Yuan. IBMC has retail operations in China but stores were not affected by the earthquake. IBMC stores are lucky to be in areas closer to Shanghai and surrounding Provincial areas which did not feel the devastation of the earthquakes. ABOUT IBMC CHINA AG (IBMC) http://www.ibmcchina.de IBMC purpose is to open multiple International fashion brands franchise stores all over China. Acting as the master licensee for international fashion brands and retailers, and leveraging its brands recognition, designs, marketing experience and skills, IBMC will open multiple stores for each brand. IBMC stores will either be company owned or franchisee operations to penetrate China, the fastest growing economy in the world. These stores may be in the form of free standing, independent stores or stores/corners within large department stores. IBMC is listed at the Open Market of the Deutsche Börse AG in Frankfurt. Jerome Yuan Director of Operations 8621-6230-3101 E-mail: info@ibmcchina.com 21.05.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden