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RHM Round Hill Music Royalty Fund Limited

1.145
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Round Hill Music Royalty Fund Limited LSE:RHM London Ordinary Share GG00BMXNVC81 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.145 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Resource Holding Management Limited Completion of Disposal of PUCF Subsidiary (5985K)

31/12/2015 11:47am

UK Regulatory


Round Hill Music Royalty (LSE:RHM)
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TIDMRHM

RNS Number : 5985K

Resource Holding Management Limited

31 December 2015

31 December 2015

Resource Holding Management Limited

("RHM" or the "Company")

Completion of Disposal of PUCF Subsidiary

Further to the announcements made by the Company on 30 June 2015 and 15 December 2014, regarding the proposed disposal by PUCF Founder (MSC) Berhad ("PUCF") of its subsidiary RedHot Media International (China) Co Ltd (the "Disposal"), the Board of RHM (AIM:RHM) notes the announcement made today by PUCF.

RHM's wholly-owned subsidiary, RedHot Media International Limited ("RMIL"), currently holds 443,168,402 ordinary shares in PUCF, which represents 41.58% of PUCF's issued share capital, and 36,215,840 warrants to subscribe for new PUCF shares.

Today's PUCF announcement states that the Disposal has been completed today, following the approval of the relevant sale of shares agreement by the Foreign Trade & Economy Commission of the People's Republic of China.

For further information please contact:

 
Resource Holding Management Limited 
Cheong Chia Chieh                    Tel: +852 8192 6166 
 
Allenby Capital Limited (Nominated   Tel: +44 (0)203 
 Adviser and Broker)                  328 5656 
Nick Athanas / Alex Brearley 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DISUASARVSAUOAA

(END) Dow Jones Newswires

December 31, 2015 06:47 ET (11:47 GMT)

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