CPIL Canton Prop

    RNS Number : 4449B
  Canton Property Investment Limited
  15 August 2008
   



    Canton Property Investment Limited
    (the "Company")

    Notification pursuant to Rule 17 of the AIM Rules for Companies
    Changes in interest of Director




    The Company was notified on 14 August 2008, that Mr Keng Wong (Executive Chairman and Substantial Shareholder of the Company) had on the
same date entered into an agreement to acquire 2,233,333 ordinary shares of no par value of the Company ("Shares") representing 0.48% of the
issued share capital of the Company at 58.5p per share, pursuant to a put option agreement dated 30 July 2007.

    Under the terms of the agreement Mr Wong will acquire 1,378,632 Shares on 16 September 2008 and 854,701 Shares on 15 October 2008.

    On completion of the acquisitions, Mr Wong will hold (either directly or through his wholly owned subsidiaries) 203,135,580 Shares
representing 43.49% of the issued share capital of the Company.


      

    For further information please contact:

    Canton Property Investment Limited

    Dennis Yau                                                             +852 2219 9669


    Libertas Capital (Nominated Adviser)

    Jakob Kinde/Tim Murray                                     +44 20 7569 9650



This information is provided by RNS
The company news service from the London Stock Exchange
 
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