West China Cement Limited Announces Proposals In Relation To Hong Kong Listing And Conditional AIM Delisting
4:10am EST http://www.reuters.com/finance/stocks/keyDevelopments?rpc=66…
West China Cement Limited announced the posting today to holders of its ordinary shares (Shareholders) of a circular setting out details of the Company's proposed listing (HKEx Listing) on the main board of the Stock Exchange of Hong Kong Limited (HKEx) and containing notice of the Company's annual general meeting (AGM) to be held on March 31, 2010. At the AGM, Shareholders' approval will be sought, inter alia, to approve the Company's normal business of the AGM as well as specific resolutions in relation to the proposed HKEx Listing, including resolutions (Resolutions) to sub-divide the Company's ordinary shares (Sub-division), to adopt new articles of association, to adopt a new share option scheme and to cancel the admission of the Company's shares to trading on AIM (De-Listing). The Resolutions are conditional on the HKEx Listing taking place. The Directors expect the HKEx Listing and the De-Listing to take place between on or around May 24, 2010.
