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Score One to Organize Due Diligence Visit for Shenyang Major Developer

2007-07-06 22:09 1225

HONG KONG, July 7 /Xinhau-PRNewswire-FirstCall/ -- Score One Inc.

(OTC Bulletin Board: SREA) announced today that it is organizing a due diligence trip in mid-July for Shenyang Paliburg Plaza Limited ("SPPL"), a major real estate developer for the potential cooperation of the development of Dalian Fengming International Recreation Town Phase II ("Recreation Town"). This due diligence trip will include an on-site visit of the 1,000,000 square meters piece of undeveloped land for Recreation Town development as well as an in-depth analysis on the neighboring transportation network.

"We hope this upcoming due diligence visit will solidify our cooperation with SPPL," said by a delighted Ms. Hoi-ho Kiu, Chairman and CEO of Score One, Inc. "SPPL for sure is an expert in Dalian real estate development, and we truly believe our potential cooperation will bring together a win-win lucrative future for both of us."

About Shenyang Paliberg Plaza Limited

SPPL owns Shenyang Paliburg Plaza and Shenyang Grant Century Hotel located in Shenyang, the capital city of Dalian, PRC. Shenyang Paliburg Plaza is comprised of a 20-storey service apartment tower and a 20-storey 4-star hotel. Together with the 8-storey retail podium and 2-storey basement, the Shenyang Paliburg Plaza has a total gross floor area of approximately 96,000 square meters with a current valuation of over US$175 million.

About Score One Inc.

Score One Inc. is a comprehensive investment service group and the parent company of RC Capital Limited, a Hong Kong based corporation which business includes financial consultation, investment and financial planning, enterprise re-organization, public offering consultation, and direct investment. Recreation Town is a piece of undeveloped land located in the peninsula in Dalian, the PRC with a current market value exceeding $75 million.

Safe Harbor

Information in this news release or on this website may contain statements about future expectations, plans, prospects or performance of Score One 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. Score One Inc. cautions you that any forward-looking information provided by or on behalf of Score One 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. Score One 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 Score One Inc.'s control. In addition to those discussed in Score One Inc.'s press releases, public filings, and statements by Score One Inc.'s management, including, but not limited to, Score One Inc.'s estimate of the sufficiency of its existing capital resources, Score One Inc.'s ability to raise additional capital to fund future operations, Score One Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Score One 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. Score One 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: +852-2251-8831

Fax: +852-2251-8830

Email: rccapitalltd@hottdesk.com

Source: Score One Inc.
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