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
11m ago SKYE DEVE : Skyline Vacation Club Confirms Gold Sponsorship For CRC 2014
12m ago KONINKLIJKE PHILIPS NV : Philips Debuts New Affiniti Ultrasound System at the European Society of Cardiology Congress 2014
12m ago 300 Detroit-based And-Headquartered Contractors Attend Highly Successful Jobs Summit For Detroit Sports And Entertainment District And Its New Arena
13m ago ASCENA RETAIL : dressbarn of Hamburg Celebrates Grand Reopening
15m ago Etihad Airways launches ambulance service for staff in Abu Dhabi
21m ago FOOTBALL : Manchester United reach agreement to sign Blind
24m ago Alibaba aims to launch share sale in early September
33m ago PROCTER & GAMBLE : "Sanitary Protection in Estonia" Published
34m ago XFAR COMM : Simon Cowell threatens to sack Cheryl Cole post 'X Factor' brawl
37m ago NEXIA : Uzavtosanoat plans to expand number of car models
Latest news
Advertisement
Hot News 
FORBIDDEN TECHNOLOGIES : Integrates Timecode Buddy into Forscene Platform via MovieSlate iOS App
UNITED THERAPEUTICS : District Court Decision Received In Remodulin Patent Case
THERAMETRICS : SIX: TMX) today announces its financial results for the first half year ended June 30, 2014
ADL PARTNER : 08/28/2014 - ADLPartner: EARNINGS GROWTH FOR THE FIRST HALF OF 2014
BWIN PARTY DIGITAL ENTERTAINMENT : 2014 Half Year Dividend
Most Read News
1d ago BANK OF NEW YORK MELLON : Argentina to appeal U.S. judge's order on bond payment
1d ago SONORO ENERGY : Files Second Quarter 2014 Financial Statements
1d ago COLUMBUS GOLD : Satisfies Obligation Respecting Paul Isnard
1d ago DIGITAL SHELF SPACE : Announces Unaudited Financial Results for the Six Months Ending June 30, 2014 and Stock Option Grants
1d ago Intel hires senior Qualcomm exec to boost mobile business
Most recommended articles
1d ago S&P 500 edges up to set new record; best month since Feb
23m ago Alibaba aims to launch share sale in early September
55m ago FIAT : Chrysler sees New York stock market listing on October 13
1h ago Britain's Co-op backs radical reform plans
1h agoDJEU Expected to Issue New Sanctions on Russia -- Update
Dynamic quotes  
ON
| OFF