Euro Asia announces the results of tender offer
Hong Kong, SAR Peoples' Republic of China, 23 October, 2019
Euro Asia Premier Real Estate Company Limited (JT9; ISIN: VGG3223A1057) is pleased to announce the results of its voluntary public partial purchase offer which concluded on October 22, 2019. Within the voluntary public partial purchase offer, the company sought to purchase up to 750,000 shares at a price of EURO 2.00 per share.
A total of 93,674 shares were successfully tendered to Small & Mid Cap Investmentbank AG, Munich under the mandate of the Company. SMC also acquired 25,100 shares at an average price of Euro 1.99 on the open market during the tender period. "The Company is very pleased with the tender results." says Patrick P.L. Chan, CEO. "As we look to the future, we are exploring further ways of enhancing our equity story as we complete the purchases announced on September 24, 2019."
Schwarz Financial Communication
Tel: +49 611 580 2929 0
About Euro Asia
Euro Asia is a BVI registered company, active in demand driven development of real estate projects in the Shandong and Tongshan area of the People's Republic of China. The Company operates locally through its subsidiaries. By utilizing its strong local network to banks, political decision makers, land owners and other developers, the Company intends to grow into real estate and digital commerce sectors.
For more information, please visit www.eu-asia.net
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