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China Growth Opportunities closer to restoring trading

CGOP : China Growth Opportunities closer to restoring trading

China Growth Opportunities, which has been suspended from trading since 13 October 2014 when its nominated adviser resigned, is posting an AGM notice to shareholders. On 6 November shareholders will be asked to approve a new investment policy alongside a Waiver of Rule 9 of the Takeover Code; Board changes; Share sub-division and consolidation; Amendment to the Company’s Articles; and a change of name to Kuala Limited.

Conditional on this being approved, Peterhouse Corporate Finance has raised £668,000 of new capital for the company. RFC Ambrian will takeover as nominate advisor and, if all goes according to plan, the company will be readmitted to trading on 7 November 2014.

You can read the circular convening the meeting here

 

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