CHINA FISHERY GROUP LIMITED PROPOSED SECONDARY LISTING ON THE OSLO BORS

February 26, 2010 09:45
Reference is made to the Company's announcements dated 21 January 2010, 12 February 2010 and 18 February 2010 in relation to the proposed secondary listing of all of its ordinary shares on Oslo Børs of Norway.
Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings as in the Company's announcement dated 21 January 2010, reports www.megafishnet.com with reference to China Fishery Group.
The Company would like to announce that, having considered the preparation time required, it has decided to move the target timing for its Proposed Secondary Listing to April 2010.
Approval granted by the Oslo Børs for the Proposed Secondary Listing on 17 February 2010, Norway time, was subject to, inter alia, the first day of listing of the Shares on the Oslo Børs not being a date later than 31 March 2010 (the "Deadline"). In accordance with the normal practice of Oslo Børs, the Company has re-submitted its application for the Proposed Secondary Listing with the Oslo Børs on 25 February 2010, Norway time. The original listing application for the Proposed Secondary Listing submitted on 20 January 2010, Norway time, was withdrawn at the same time.
The decision to re-submit its application for the Proposed Secondary Listing with the Oslo Børs rather than to apply for an extension of the Deadline was made following consultations with the Oslo Børs.
Further announcement(s) in relation to the Proposed Secondary Listing will be made as and when appropriate.
Shareholders and other investors are reminded to exercise caution when dealing in the Shares as the Proposed Secondary Listing may or may not proceed. In the event that Shareholders and other investors are in doubt when dealing in the Shares, they should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.
{{countTopicsText}}
What is MEGAFISHNET.COM?
MEGAFISHNET.com is a global fish and seafood marketplace with an emphasis on APPROVED SUPPLIERS from such major sources as China, Russia, Vietnam, Europe, Americas, etc. More details →