Tianbao Holdings Ltd.
Tianbao Holdings Ltd.: Tianabo Holdings Ltd. is now listed in Europe (Berlin, Frankfurt, Xetra), as well as on the Bermuda Stock Exchange
Tianbao Holdings Ltd. / Key word(s): Strategic Company Decision/Miscellaneous 14.03.2013 / 22:10 --------------------------------------------------------------------- Zhengzhou China PRC 14 March 2013 - Tianbao Holdings (Ticker: 3TB ) On Thursday, 28th February 2013 Tianabo Holdings was listed on the Frankfurt Stock Exchange and on Monday, March 4th on Xetra. Tianabo Holdings Ltd. is now listed in Europe (Berlin, Frankfurt, Xetra), as well as in the Americas (Bermuda Stock Exchange). Commenting on the listing status of the company, the CEO, Haitao Lian said: 'I am truly delighted to have the opportunity of being listed in overseas markets. We are a dynamic company engaged in an area in the market that is unique; providing excellent opportunities with minimal risk. We have already commenced the clearing of the land and are now ready to commence the installation of the infrastructure. With low income housing being a priority we are able to benefit from the eagerness of those necessary to this project and with the overwhelming demand for this kind of apartment we have potential owners asking us on a daily basis when they might be able to purchase.' Lian went on to comment on the new tightening of laws pertains to property by the Central Government, seeing this as a big bonus to Tianbao because the new laws encourage first time buyers to purchase new homes and avoid the capital gains tax levy which is typically paid by the buyer and, more importantly, that the State Council in its latest directive has requested that banks adhere to requirements for the issuance of mortgage loans to first time home buyers and in the case of Affordable Housing, for those loans to be granted below market rates. Tianbao Holdings (the 'Company') is an economically-affordable housing manufacturer in the People's Republic of China. The Company works closely with the Chinese government in acquiring the land for new housing developments and constructing the homes per the specifications of the housing plans of both the national Chinese government as well as the provincial governments, in particular Henan Province, wherein all of the Company's projects to date have been located. Please address questions to : tianbaoholdings@gmail.com. Safe Harbor Statement; The statements contained herein are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements. End of Corporate News --------------------------------------------------------------------- 14.03.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory 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 --------------------------------------------------------------------- 204046 14.03.2013
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