LED Led Hldgs

TIDMLED

RNS Number : 2609E

LED International Holdings Ltd

06 February 2015

6 February 2015

LED International Holdings Limited

("LED" or the "Company")

Result of Annual General Meeting

The board of directors of LED is pleased to announce that at the Company's annual general meeting, held today, all the resolutions put forward to the meeting were passed.

As a consequence, LED's memorandum of association has been deleted and the Company has adopted new articles of association. A copy of LED's new articles of association will shortly be available for download from the Company's website www.led-intl.com, in accordance with the requirements of Rule 26 of the AIM Rules for Companies.

**Ends**

For further information:

 
 LED International Holdings Limited 
 Stephen Chan - Chief Executive Officer    +852 2243 3100 
 
 Allenby Capital Limited 
 Nick Naylor / Alex Price                  +44 (0) 20 3328 5656 
 
 

Notes to Editors:

LED International Holdings Limited and its subsidiaries specialize in the provision of EMC contracts under which the Group installs energy saving products in its customers' premises, including lighting and reactance filtering equipment supplied by the Group, and the subsequent savings made by the customers in their electricity charges are then shared between the Group and the customers thereby enabling the Group to generate recurring revenue rather than one-off sales revenue. Historically, the Group's business has been the development, manufacture and sale of low-powered light-emitting diode ("LED") display screens and modules.

Under EMC contracts, the Group provides energy efficiency solutions, including LED lighting, reactance filtering energy saving and other energy efficiency solutions.Specifically, the Group overhauls its customers' existing lighting and power consumption systems (which are based on traditional lighting technology and power generation equipment) with proprietary LED lighting products, reactance filtering equipment and other solutions provided by the Group. These energy efficiency products are installed in customers' premises. The Group bears all the upfront costs associated with the supply and installation of the energy efficiency solutions and these costs are then recouped by sharing in the monthly energy savings generated by the customers' use of the energy efficiency solutions over the period of the contracts. The Group receives revenue from customers on several different payment terms including on a pre-payment, monthly or quarterly basis.

For more information, please visit: http://www.led-intl.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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