Orient Energy & Logistics Holdings Ltd.
EANS-News: Orient Energy & Logistics Holdings Ltd. starts trading with first quotation at EUR1.40
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Subtitle: First price determined at Frankfurt Stock Exchange Important milestone in companys growth strategy Listed in the Open Market since May 18, 2011 Hong-Kong-based Orient Energy and Logistics operating in the areas of resources and entertainment Solid long-term distribution agreements in China Frankfurt (euro adhoc) - June 21, 2011 - Today the shares of Orient Energy & Logistics Holdings Ltd. were initially traded in the Open Market of the Frankfurt Stock Exchange. In the early hours of today´s trading, the first price for the shares was determined at EUR1.40. The board of the Hong-Kong-based company had travelled to the Frankfurt Stock Exchange to follow the initiation of the trading. "This is a very important date in our company history. The listing and trading of our shares here in Frankfurt is a logical step and important milestone in our business development and our ambitious growth strategy", Mr. John C.A. Koo, the company´s Chairman and Chief Executive Officer, commented after the event on the prestigious dealing floor in the heart of Frankfurt´s financial district. Orient Energy & Logistics Holdings Ltd. had been listed in the Open Market in Frankfurt since May 18, 2011. For its capital market activities in Germany in general and the listing in Frankfurt in particular, the Chinese Holding has mandated the experienced and well-renowned capital market advisors from Renell Wertpapierhandelsbank AG. Investor and public relations specialists from Frankfurt-based financial relations GmbH are responsible for professional presentation of the company to investors and the general public. Orient Energy & Logistics Holdings Ltd. is based in Hong Kong and staffed with a highly experienced senior management team building on a strong network in the global business community. The company operates in the fields of mining, forestry and entertainment primarily in China where the company intends to capitalize on the attractive growth perspectives of the Chinese markets. Nevertheless, the company extends its operations internationally: It is currently developing major raw mining resource fields in Mexico and timber resources in Peru. In China, the company has built on its solid network to secure long-term profitable distribution agreements with leading players in the steel and timber processing industries. In addition, the company portfolio includes entertainment facilities planned to generate substantial income sources from the sustained and impressive increases in Chinese standards of living and incomes per capita. About the Company Orient Energy & Logistics Holdings Ltd. is a multi-business conglomerate based in Hong Kong, China. Its business portfolio comprises assets for operations in the fields of mining, forestry and entertainment. Its activities are aligned systematically to take advantage of attractive growth projections in selected Chinese markets. The company was founded in 2011 and is registered in the Isle of Man. Since June 2011, its shares are traded in the Open Market of the Frankfurt Stock Exchange. The information herein does not constitute an offer of or an invitation by or on behalf of Orient Energy & Logistics Holdings Ltd. or any of its subsidiaries to subscribe for or purchase securities of Orient Energy & Logistics Holdings Ltd. or any of its subsidiaries, but is provided as a matter of record only. In particular, the information contained does not constitute an offer of securities for sale or solicitation of an offer to buy securities in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Further inquiry note: Press Contact: fr financial relations gmbh Jörn Gleisner Tel.: +49 (0)69/ 95 90 83 -20 Fax: +49 (0)69/ 95 90 83 -99 Email: j.gleisner@financial-relations.de end of announcement euro adhoc -------------------------------------------------------------------------------- company: Orient Energy & Logistics Holdings Ltd. 25th Floor, Guangdong Finance Building, 88 Connaught Road West, D- Sheung Wan phone: +852 2525 8990 FAX: +852 2525 8777 mail: info@orientenergylogistics.com WWW: www.orientenergylogistics.com sector: Energy ISIN: IM00B3ZRRN83 indexes: stockmarkets: Open Market: Frankfurt language: English