Statement re. Suspension
04 June 2008 - 11:15PM
UK Regulatory
RNS Number : 9762V
London Asia Capital PLC
04 June 2008
4 June 2008
London Asia Capital Plc
("London Asia" or "the Company")
Suspension
London Asia Capital Plc (LDC) announces that, since it will be unable to publish its audited report and accounts for the year ended 31
December 2007 before 30 June 2008, it has today requested that trading in its ordinary shares on AIM should be suspended until such time as
it is able to publish the report and accounts.
Since George Allnutt was appointed managing director of the Company on 4 April he has spent a significant amount of time liasing with
the Company's staff in China as part of the process of producing the accounts. Unfortunately, however, some of the information provided
requires further review. This has resulted in the delay to completion of the audit.
The board is continuing to work diligently to progress the report and accounts and will update shareholders once it has agreed a firm
timetable for publication.
For further information, visit www.londonasiacapital.com, or contact:
London Asia Capital:
George Allnutt Tel: 01326 377712
Seymour Pierce Limited:
Jonathan Wright/Matt Thomas Tel: 020 7107 8000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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