Arem Pacific Corporation Signs Definitive Agreement to Develop Lakeside Resort in China

SCOTTSDALE, Ariz., Oct. 17, 2013 /PRNewswire/ -- Arem Pacific Corporation ( OTC: "ARPC") today announced it has signed a definitive agreement with the city of Changde in Hunan, China, to develop a lake side resort. The lake, Liuyehu, is rated AAA for tourism in China and is three times the size of West Lake in Hangzhou. AREM has secured a prime lake side land of about 290 acres to develop a resort that offers water, land and air recreational sports and upscale convention and lodging facilities.

Thomas Tang, president, commented, "Our management team is in China right now to work on this lakeside resort; in addition, we are doing due diligence on a couple other opportunities in mining and retailing businesses."

Website link: http://www.arempac.com

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.

SOURCE Arem Pacific Corporation

Copyright 2013 PR Newswire