Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Pan Asia Mining Limited : DELAY IN DESPATCH OF CIRCULAR

04/22/2013 | 07:03am US/Eastern
Recommend:
0

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities in the Company.

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8173)

DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement of Pan Asia Mining Limited (the "Company") dated

27 March 2013 in relation to a discloseable and connected transaction involving issue of consideration shares under specific mandate (the "Announcement"). Capitalised terms used in this announcement have the same meanings as those defined in the Announcement, unless the context otherwise requires.

As disclosed in the Announcement, a circular of the Company (the "Circular") containing, among other things, (i) the particulars of Acquisition; (ii) the Consideration Shares; (iii) the Specific Mandate; (iv) the terms of the Sale and Purchase Agreement; (v) the recommendations of the Independent Board Committee and the advice from the independent financial adviser to the Independent Board Committee and the independent Shareholders; and (vi) the notice of the EGM, was expected to be despatched to the Shareholders on or before

22 April 2013.

As the Company requires additional time to finalise the information to be included in the

Circular, the despatch date of the Circular will be postponed to a date falling on or before 10

May 2013.

By order of the Board Pan Asia Mining Limited Koh Tat Lee, Michael Chairman

Hong Kong, 22 April 2013

As of the date of this announcement, the Board comprises three executive Directors, Mr. KOH Tat Lee, Michael, Mr. ENG Wee Meng and Mr. CHEUNG Hung Man, two non-executive Directors, Mr. YIN Mark Teh-min and Mr. LIANG Tong Wei, and three independent non-executive Directors, Mr. LAI Kai Jin, Michael, Mr. CHU Hung Lin, Victor and Mr. TONG Wan Sze.
This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: (1) the information contained in this

1

announcement is accurate and complete in all material respects and not misleading; (2) there are no other matters the omission of which would make any statement in this announcement misleading and (3) all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.
The Directors jointly and severally accept full responsibility for the accuracy of information contained in this announcement and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.
This announcement will remain on the page of "Latest Company Announcement" on the GEM
website for at least seven days from the date of its positing.

2

distributed by
Recommend :
0
React to this article
Latest news
Date Title
<1m ago CORIO NV CORIO : announces resolutions of AGM of 17 April 2014 (Corio NV )
<1m ago Fitch Upgrades Wachovia 2006-WHALE 7
1m ago GENERAL MOTORS : U.S. judge declines to order 'park it now' notices for GM cars
1m ago THURSDAY'S ETF MOVERS : Fcg, itb
1m ago COMMSCOPE : to Release First Quarter 2014 Financial Results April 30
1m ago MORGAN STANLEY : Council of Urban Professionals Hosts 7th Annual Leadership Gala Honoring Diverse Leaders in Business
1m ago LEAR : Revises First Quarter 2014 Earnings Conference Call Time to 8:00 a.m. EDT on April 25, 2014
2m ago GM to shift global Cadillac chief back to Washington policy job-source
2m ago Sunny J. Barkats Will Be a Panelist on Regulation A at the Growth Capital Expo in Las Vegas
2m ago ARGENTUS CAPITAL MANAGEMENT : Renames Tactically-Blended ACM Adaptive Portfolios
Latest news
Advertisement
Hot News 
INDEPENDENT BANK : Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Change in Directors or Principal Officers (form 8-K)
HAYNES PUBLISHING : Third Quarter Hit By Us Inventory Returns, Weak UK
SPACEANDPEOPLE : Shares Slide As It Lowers 2014 Forecast
BLUR : Shares In Blur Group Plummet Due To Delayed Revenue Recognition
LDK SOLAR : Provides Additional Information on its Request for Review of NYSE Regulation's Decision to Suspend Trading and Commence Delisting Procedures
Most Read News
10h ago Google, IBM cast shadow
10h ago Nokia sale of unit to Microsoft approved
12h agoDJLLOYDS BANKING : ECN Retail Tender Offer Results
1d ago BANK OF AMERICA : financial crisis costs become a recurring nightmare
1d ago Google misses revenue target, ad prices slide
Most recommended articles
7h ago U.S. shares seen opening lower as tech giants stumble
3h ago Financials bolster FTSE after reassuring U.S. earnings
6h ago BLACKSTONE : earnings rise 30 percent, boosted by private equity gains
04/10DJCarrefour Sales Grow at Fastest Pace in Two Years
1m ago GM to shift global Cadillac chief back to Washington policy job-source
Dynamic quotes  
ON
| OFF