NEW YORK, July 28, 2011 /PRNewswire-Asia/ -- China
Growth Equity Investment Ltd. (Nasdaq: CGEIU) (the "Company")
announced today that Deutsche Bank Securities, ("Deutsche") the
representative of the underwriters of its initial public offering
of units, which was consummated on June 2,
2011, has notified the Company that commencing on
Friday, July 29, 2011, the holders of
the Company's units may elect to separately trade the ordinary
shares and warrants underlying the units. Those units not separated
will continue to trade on the Nasdaq Capital Market under the
symbol "CGEIU" and each of the underlying ordinary shares and the
warrants will trade on the Nasdaq Capital Market under the symbols
"CGEI" and "CGEIW", respectively.
The Company, which completed its initial public offering on
June 2, 2011, is a blank check
company recently formed for the purpose of acquiring, engaging in a
share exchange, share reconstruction and amalgamation or
contractual control arrangement with, purchasing all or
substantially all of the assets of, or engaging in any other
similar business combination with one or more businesses or assets
that has its principal business and/or material operations located
in the People's Republic of
China.
This press release shall not constitute an offer to sell nor the
solicitation of an offer to buy any securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any state or jurisdiction. Any statements
contained in this press release that do not describe historical
facts may constitute forward-looking statements as that term is
defined by the United States Private Securities Litigation Reform
Act of 1995.Any such forward-looking statements contained herein
are based on current expectations, but are subject to a number of
risks and uncertainties that may cause actual results to differ
materially from expectations such as material adverse events
affecting the Company, the ability of the Company to complete a
business combination and those other risks and uncertainties
detailed in the Company's filings with the Securities and Exchange
Commission.
All questions and inquiries for further information should be
directed to Jin Shi, the Company's
Chief Executive Officer. He can be reached via telephone at +
86-10-6569-3988.
SOURCE China Growth Equity Investment Ltd.