Tianbao Holdings Ltd.
Tianbao Holdings Ltd.: Tianbao Holdings commissions feasability report for 50m equity or bond offering
Tianbao Holdings Ltd. / Key word(s): Bond/Strategic Company Decision 20.02.2013 / 17:41 --------------------------------------------------------------------- Zhengzhou China PRC - Wednesday - February 20 2013 - Tianbao Holdings commissions feasability report for 50m equity or bond offering (Ticker: 3TB ) The board of directors announced that it has commissioned The Quro Trust, a New Zealand Financial Service Provider, to make a final determination of the feasibility of an equity financing versus a debt financing, or a bond issue of $50,000,000 for Tianbao Holdings Limited. After a preliminary investigation by The Quro Trust reported that a debt financing for $50,000,000 was looking feasible and could possibly be completed within a six month time period. Based on the recommendations from the final Quro Trust report, Tianbao Holdings, Ltd. will instruct its attorneys to proceed with the appropriate filings to implement either an equity or debt financing for $50,000,000. The final report from The Quro Trust is expected in March 2013. About Tianbao Holdings: 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 --------------------------------------------------------------------- 20.02.2013 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 --------------------------------------------------------------------- 201941 20.02.2013
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