Delay in summary winding up and de-listing


 

TIDMGDF 
 
RNS Number : 2712T 
Guangdong Development Fund Ld 
03 June 2009 
 

For Immediate Release 
3 June 2009 
 
 
GUANGDONG DEVELOPMENT FUND LIMITED 
("GDF") 
DISPOSAL OF ASSETS, SUMMARY WINDING UP AND DE-LISTING 
 
 
 
 
At the Extraordinary General Meeting of GDF held on 22 May 2009 (the "EGM"), to 
approve the Disposal, De-listing and Summary Winding Up (as described in the 
circular to GDF Shareholders dated 27 April 2009 (the "Circular")), the 
resolutions to approve the Disposal, De-listing and Summary Winding Up and 
related resolutions were approved by the requisite majorities of GDF 
Shareholders. 
 
 
As set out in the Circular, the anticipated date of the completion of the 
Disposal and the commencement of the Summary Winding Up was today, 3 June 2009 
and the anticipated date of the cancellation of the listing of the Ordinary 
Shares on the Official List was expected to be from 8:00 a.m. on 4 June 2009. 
 
 
However, additional time is required to effect the transfer of the Beneficial 
Trust Interest  to KIL, and thus the completion of the Disposal and the 
commencement of the Summary Winding Up is now anticipated to take place on or 
about 17 June 2009. 
 
 
Consequently, the cancellation of the Ordinary Shares on the Official List is 
now expected to be from on or about 8:00 a.m. on 18 June 2009. 
 
Words and expressions in this announcement have the same meaning as those 
defined in the Circular except where the context requires otherwise. 
 
 
ENQUIRIES 
Guangdong Development Fund Limited 
Steve Lee/ Ivan Wong 
Tel: +852 2106 0834 
 
Seymour Pierce Limited 
Sponsor 
John Depasquale 
Tel: +44 (0)207 107 8010 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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