Clarification on PACL NAV to 31 December 2012 (9273B)
April 24 2012 - 4:52AM
UK Regulatory
TIDMPACL
RNS Number : 9273B
Pacific Alliance China Land Limited
24 April 2012
24 April 2012
Pacific Alliance China Land Limited (the "Company")
Clarification on PACL NAV to 31 December 2012
PACL is aware that the Fund's NAV to 31 December has been
incorrectly reported in a small number of media reports as a
decrease on the same period last year, rather than a 21% increase
on 2011.
Please be that advised PACL's net asset value as at 31 December
2011 was US$295 million, representing US$2.11 per share, a 21%
increase from 31 December 2010 (US$242 million, representing
US$1.75 per share) - as reported in the Fund's Annual Results
Announcement on 3 April 2012.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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