ACHL Asian Citrus

 

TIDMACHL 
 
RNS Number : 9427A 
Asian Citrus Holdings Ltd 
16 October 2009 
 

 
 
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| For immediate release               |                       16 October 2009 | 
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Asian Citrus Holdings Limited 
("Asian Citrus" or "the Group") 
 
 
 
 
Wins International Company of the Year at the 2009 AIM Awards 
 
 
 
 
Asian Citrus, the largest orange plantation owner and operator in China, has 
been voted International AIM company of the year at the 2009 AIM Awards . 
 
 
The AIM Awards Dinner, which recognises outstanding individuals and companies 
quoted on the market across a range of categories, is the blue riband AIM event 
of the year. The event took place on Thursday 15 October and was sponsored by 
PricewaterhouseCoopers LLP (PwC) in association with The London Stock Exchange. 
 
 
Tony Tong, Chairman, commented: 
 
 
"We were one of the first Chinese companies to join AIM in August 2005 and were 
attracted to the London market because it is one of the world's leading 
financial centres where the international investment community is fully 
represented. 
 
 
"We are delighted to have won the International Company of the Year award at 
this year's event.  It is a great reward for the hard work we have done to 
maintain an open dialogue with the London market and our investors. 
 
 
"The global financial crisis in the second half of 2008 created an extremely 
challenging business environment around the world, including in China. There was 
a sharp drop in consumer confidence and lower demand for consumables.  Despite 
these challenges, we have continued to grow our revenues and profit. 
 
 
"We are confident that Asian Citrus will continue to progress and deliver good 
value to its shareholders in the wake of the continued economic growth in 
China." 
 
 
About Asian Citrus Holdings Limited 
 
 
Asian Citrus Holdings Limited is the largest orange plantation owner and 
operator in China and has two operational plantations in the Hepu county of the 
Guangxi Zhuang Autonomous Region and the Xinfeng county of the Jiangxi province 
of China and a third plantation, currently under development, in Hunan 
Province.  Its primary goal is to sell quality oranges at an affordable price 
and in so doing, strengthen its position as a leading, mechanised and 
industrialised orange grower and distributor in China. 
 
 
 
 
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| For Further Information Contact:   |                                    | 
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| Terry Garrett/John                 |                                    | 
| Moriarty/Stephanie Badjonat        |                                    | 
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| Weber Shandwick Financial          |                      0207 067 0700 | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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