omniture

China TopReach Inc. Declares a Special Distribution

Shifang Holding Ltd
2015-06-29 22:01 2127

HONG KONG, June 29, 2015 /PRNewswire/ -- The Board of Directors of China TopReach Inc. (OTC-BB: CGSXF) has today declared a special distribution to holders of its ordinary shares, or units representing ordinary shares. Each ordinary share, or each unit, held of record as of June 30, 2015 of China TopReach Inc. is eligible to receive 13.49 ordinary shares of ShiFang Holding Limited, which is a public traded company on Hong Kong Stock Exchange under the code of 01831.

To participate, holders of ordinary shares or units shall contact investor relations at ir@shifangholding.com or +86 591 83347997 to arrange for collection or delivery of share certificates of ShiFang Holding Limited. Please note that beneficial owners of shares or units that hold their shares or units through The American Stock Transfer & Trust Company (AST) must contact ir@shifangholding.com. AST will not do this for you. This distribution is subject to the listing rules of Hong Kong Stock Exchange.

The effect of this distribution will be to transfer China TopReach's ownership in ShiFang Holding Limited 's shares to its equity holders. After the distribution, China TopReach Inc. will not have any significant assets or investment.

CONTACT:

Investor Relations
ir@shifangholding.com
+86 591 83347997

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/china-topreach-inc-declares-a-special-distribution-300106081.html

Source: Shifang Holding Ltd
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