Result of AGM
10 9월 2010 - 7:53PM
UK Regulatory
TIDMYCI
RNS Number : 4970S
Yangtze China Investment Limited
10 September 2010
+------------------------------+------------------------------+
| Press Release | 10 September 2010 |
+------------------------------+------------------------------+
Yangtze China Investment Limited
("Yangtze" or the "Company")
Result of AGM
Yangtze China Investment Limited (AIM: YCI), a provider of expansion capital to
China-based enterprises, announces that at the Company's Annual General Meeting
held today at 5:30 p.m. Macau time (10:30 a.m. GMT) in Room 2F, The Venetian
Macao-Resort-Hotel, 5-6 Site, Estrada da Baía de N. Senhora da Esperança, Taipa,
em Macau, all resolutions put to shareholders by the Board were duly passed.
- Ends -
For further information:
+------------------------------------+------------------------+
| Yangtze Capital Advisory Limited | |
+------------------------------------+------------------------+
| Richard Zhao | Tel: +852 2281 7218 |
| Steven Feng | Tel: +852 2281 7223 |
+------------------------------------+------------------------+
| | www.yangtzecn.com |
+------------------------------------+------------------------+
+------------------------------------+------------------------+
| Collins Stewart Europe Limited | |
+------------------------------------+------------------------+
| Adrian Hadden | Tel: +44 (0) 20 7523 |
| | 8350 |
+------------------------------------+------------------------+
| | www.collinsstewart.com |
+------------------------------------+------------------------+
Media enquiries:
+------------------------------------+------------------------+
| Abchurch Communications Limited | |
+------------------------------------+------------------------+
| Henry Harrison-Topham / Quincy | Tel: +44 (0) 20 7398 |
| Allan | 7710 |
+------------------------------------+------------------------+
| quincy.allan@abchurch-group.com | www.abchurch-group.com |
+------------------------------------+------------------------+
Notes to Editors
Yangtze China Investment Limited is a closed-end investment company established
to make minority equity and equity-related investments in a portfolio of small
and medium-sized growth businesses within, or associated with, the consumer
sector in China. With a proprietary deal flow, the Group focuses on unlisted
companies whose business operations are based principally in mainland China.
Yangtze will typically seek to invest in companies that are revenue generating,
ideally profitable or anticipated to generate profits in the near term and which
the Group believes have strong management teams and market leading potential.
Yangtze aims to capitalise on the growing disposable income in China, investing
primarily in companies operating in a variety of consumer sectors, including
consumer related technology, media and advertising, entertainment, distribution
and retailing of consumer goods and services, and health goods and services.
Since the free market reforms in 1978, China's GDP has grown on an average of
9.9% a year and recorded real GDP growth of 9.0% in 2008. This GDP growth
decreased to 8.7% during 2009 and in July 2010 the International Monetary Fund
lifted China's GDP growth forecast for 2010 to 10.5%. Government reforms are
transforming the economy, with a focus on domestic consumption, infrastructure
spending and increasingly upon environmental issues.
Yangtze was admitted to AIM on 14 May 2008. For further information, please see
www.yangtzecn.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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