TIDMYUJ

RNS Number : 9906L

Yujin International Ltd

15 January 2016

15 January 2016

Yujin International Ltd.

("Yujin" or the "Company")

Result of EGM and Notice of Books Closure

Yujin International Ltd., the owner and charterer of a fleet of tankers operating in the Asia Pacific region announces that at the Company's Extraordinary General Meeting held today, the resolutions proposed to shareholders (as set out in its circular to shareholders dated 23 December 2015) (the "Circular") were duly passed.

Books Closure Date

NOTICE IS HEREBY GIVEN that the Register of Members and the share transfer books of the Company will be closed at 5.00 p.m. on 25 January 2016 ("Books Closure Date") in order to determine the shareholdings of the Shareholders for purposes of the Proposed Scheme (as defined in the Circular).

On the Books Closure Date, every 100 Existing Shares registered in the name of each Shareholder will entitle such Shareholder to receive one Yujin Holdings Pte. Ltd. ("YHoldings") Share with no entitlement to holders of Existing Shares of any fraction of a YHoldings Share.

A further announcement will be made on the date on which YHoldings Shares will be distributed to Shareholders.

In accordance with the AIM Rules, the Company will be categorised as an AIM Rule 15 cash shell upon distribution of YHoldings Shares to Shareholders. The consequence of which, the Company will be required to make an acquisition or acquisitions which constitute a reverse takeover under AIM Rule 14.

For further information please contact:

   Yujin International Ltd.                                            Tel: 00 (65) 6226 2963

Keen Whye LEE

Or visit www.yujininternational.com

   Cantor Fitzgerald Europe                                        Tel: 020 7894 7000

Rick Thompson/David Foreman/Michael Reynolds

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 15, 2016 03:14 ET (08:14 GMT)

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