Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Pan Asia Mining Limited : DELAY IN DESPATCH OF CIRCULAR

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/22/2013 | 01:03pm CEST

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
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
08:58p APPLE : OECD official says EU Apple ruling not precedent for future tax cases
08:58p Fed's Kaplan says he would have been okay with a September rate hike
08:58p A.I.S. RESOURCES LIMITED : Announces Option Grant
08:57p DGAP-NEWS : Monument Mining berichtet, dass das Berufungsgericht das Mersing-Urteil zugunsten Monuments bestätigt
08:57p Chairman/CEO of SmartStop Asset Management to Speak at Evercore's 2nd Annual Storage Symposium
08:56p Pfizer decides against split-up; more deals seen likely
08:55pDJFEDEX : to Promote Air Cargo Chief David Bronczek to President -- Update
08:55p NOC NATIONAL OIL : The technical meeting of NOC Exploration Department with Wintershall Exploration Department
08:55p PITTSBURG STATE UNIVERSITY : Turtles the topic of Audubon program
08:55pDJNestlé Shuffles Executive Board -- Update
Latest news
Advertisement
Hot News 
15.61%Germany's Lanxess to buy U.S. chemical firm Chemtura for $2.7 billion
8.14%Lanxess Shares Rise on Acquisition of Chemtura
-3.04%VAIL RESORTS : Revenue Grows on Season Pass Sales
11.72%Lamprell Secures $90 Million Vessel Upgrade Contract
-3.09%LLOYDS BANKING : London court told of escorts and cash payments in alleged HBOS fraud case
Most Read News
04:54a LOTTE CHEMICAL : South Korea prosecutors seek arrest warrant for Lotte Group chairman
04:33a Germany's Lanxess to buy U.S. chemical firm Chemtura for $2.7 billion
04:25aDJStocks Broadly Lower as Bank Shares Fall
08:01a Aldi UK says profit fall won't change German parent's investment plans
10:31a TSX falls in broad retreat; energy, mining stocks gain
Most recommended articles
10:50aPredicting the U.S. Elections With The WMA Trump/Clinton Barometer
02:56p Pfizer decides against split-up; more deals seen likely
02:55pDJFEDEX : to Promote Air Cargo Chief David Bronczek to President -- Update
02:55pDJNestlé Shuffles Executive Board -- Update
02:39pDJU.S. Indicts Chinese Businesswoman, Trading Company for Helping North Korea Evade Sanctions -- 2nd Update