China Cablecom Invites Shareholders to its Annual General Meeting on December 11, 2009
November 24 2009 - 8:15AM
PR Newswire (US)
SHANGHAI, Nov. 24 /PRNewswire-FirstCall/ -- China Cablecom
Holdings, Ltd. ("China Cablecom" or the "Company") (NASDAQ:CABL)
(NASDAQ:CABLW) (NASDAQ: CABLU), a joint-venture provider of cable
television services in the People's Republic of China (PRC), today
announced that it will hold its Annual General Meeting of
Shareholders ("AGM") on Friday, December 11, 2009, at 10:00 a.m.
China Time. The AGM will be held at the meeting room of the
Executive Centre at 3501 Citic Square, 1168 Nanjing Xi Lu, Shanghai
200041, People's Republic of China. Hosting the AGM will be the
Company's Founder and Executive Chairman, Clive Ng, the Chief
Executive Officer, Pu Yue, and Chief Financial Officer, Sikan Tong.
The close of business on November 13, 2009 has been fixed as the
record date for the determination of shareholders entitled to vote
at the AGM or any adjournments thereof. The notice of the AGM is
available on the Investor Relations section of the Company's
website at http://www.chinacablecom.net/. China Cablecom has filed
its annual report on Form 20-F with the U.S. Securities and
Exchange Commission. Shareholders may request a hard copy of the
Company's annual report, free of charge by contacting Investors
Relations by email at . About China Cablecom China Cablecom is a
joint-venture provider of cable television services in the People's
Republic of China, operating in partnership with a local
state-owned enterprise ("SOE") authorized by the PRC government to
control the distribution of cable TV services through the
deployment of analog and digital cable services. China Cablecom has
consummated the acquisition of a 55 percent economic interest in a
cable network in Hubei province with paying subscribers exceeding
1,100,000. The Company originally acquired operating rights of the
Binzhou Broadcasting network in Binzhou, Shandong Province in
September 2007 by entering into a series of asset purchase and
services agreements with a company organized by SOEs, owned
directly or indirectly by local branches of State Administration of
Radio, Film and Television in five different municipalities to
serve as a holding company of the relevant businesses. China
Cablecom now operates 28 cable networks with over 1.67 million
paying subscribers. China Cablecom's strategy is to replicate the
acquisitions by operating partnership models in other
municipalities and provinces in the PRC and then introducing
operating efficiencies and increasing service offerings in the
networks in which it operates. Safe Harbor Statement The matters
discussed in this press release contain "forward-looking
statements" as defined in the Private Securities Litigation Reform
Act of 1995. Forward-looking statements contained in this
presentation and in the Company's other written and oral reports
are based on current Company expectations and are subject to
numerous risks, uncertainties and assumptions, Any forward-looking
statements are not guarantees of future performance and actual
results of operations, financial condition and liquidity.. The
forward-looking statements herein speak only as of the date stated
herein and might not occur or the actual results may differ
materially in light of these risks, uncertainties, and assumptions.
The Company undertakes no obligation and disclaims any obligation
to publicly update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise. You should carefully consider these factors, as well as
the additional risk factors outlined in the filings that the
Company makes with the U.S. Securities and Exchange Commission,
including the Annual Report on Form 20-F filed on July 15, 2009.
CONTACT: China Cablecom Holdings, Ltd. Debra Chen Phone:
917.499.8129 Email: DATASOURCE: China Cablecom Holdings, Ltd.
CONTACT: Debra Chen of China Cablecom Holdings, Ltd.,
+1-917-499-8129, Web Site: http://www.chinacablecom.net/
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