Issue of Equity (2913W)

TIDMACHL

RNS Number : 2913W

Asian Citrus Holdings Ltd

19 November 2010

Asian Citrus Holdings Limited

("Asian Citrus" or the "Company")

Issue of Shares in respect of the acquisition of 92.94% equity interest in Beihai Perfuming Garden Juice Company Limited

Further to the announcements released by the Company on 11 October 2010 and 1 November 2010 regarding the conditional sale and purchase agreement (the "Agreement") entered into by the Company in respect of the acquisition of 92.94% equity interest in Beihai Perfuming Garden Juice Company Limited, a Special General Meeting of the Company, to be held at 4:30 p.m. (Hong Kong time) on 26 November 2010 (the "SGM"), has being convened in order to propose, among others, shareholder resolutions to approve, confirm and ratify the Agreement and allot and issue of 164,153,646 consideration shares.

Application will be made on 22 November 2010 to the London Stock Exchange for the 164,153,646 consideration shares, which will rank pari passu with the existing ordinary shares in issue, to be admitted to trading on AIM, contingent upon the passing of these shareholder resolutions at the SGM, and admission is expected to become effective on 30 November 2010.

This information is provided by RNS

The company news service from the London Stock Exchange

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