HONG KONG, Sept. 17 /Xinhua-PRNewswire-FirstCall/ -- Physical Property Holdings Inc. (OTC Bulletin Board: PPYH) is pleased to announce today that it completed the corporate restructuring for the Company to focus on the China’s blooming property sector.
“Our real estate investment and management approach is guided by some core investment principles, including China’s regional scope, focus on medium to small size transactions, significant number of preferential opportunities, superior financing expertise and hands on management style,” claimed Mr. Ngai Keung Luk, Chairman and CEO of Physical Property Holdings Inc. “We intend to grow our Company in a way similar to that of the Blackstone Group of the United States by focusing on real estate investment and asset management. We anticipate seeking external sources of opportunities when necessary in a combination of debt and/or equity financings from potential investors or existing shareholders for our expansion program.”
About Physical Property Holdings Inc.
Physical Property Holdings Inc. is a comprehensive real estate management and investment service group, focusing on the real estate market in the Greater China region. We are presently building a website at physicalproperty-ppyh.com for more detailed information of the Company, the selected property markets, and our recent development.
Safe Harbor
Information in this news release or on this website may contain statements about future expectations, plans, prospects or performance of Physical Property Holdings Inc. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be,” "expects,” "may affect,” "believed,” "estimate,” "project,” and similar words and phrases are intended to identify such forward-looking statements. Physical Property Holdings Inc. cautions you that any forward-looking information provided by or on behalf of Physical Property Holdings Inc. is not a guarantee of future performance. None of the information on this website constitutes an offer to sell securities or investment advice of any kind, and visitors should not base their investment decisions on information contained in this website. Physical Property Holdings Inc.’s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Physical Property Holdings Inc.’s control. In addition to those discussed in Physical Property Holdings Inc.’s press releases, public filings, and statements by Physical Property Holdings Inc.’s management, including, but not limited to, Physical Property Holdings Inc.’s estimate of the sufficiency of its existing capital resources, Physical Property Holdings Inc.’s ability to raise additional capital to finance its future operations, Physical Property Holdings Inc.’s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Physical Property Holdings Inc.’s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Physical Property Holdings Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
For more information, please contact:
Investors Relation Officer
Tel: +852-2917-0110
Fax: +852-2890-9484
Email: property@physical.com.hk
