Posting of circular

 

TIDMGDF 
 
RNS Number : 2158R 
Guangdong Development Fund Ld 
27 April 2009 
 
For Immediate Release 
27 April 2009 
 
 
GUANGDONG DEVELOPMENT FUND LIMITED 
(the "Company") 
POSTING OF CIRCULAR REGARDING THE DISPOSAL OF THE ENTIRE INVESTMENT PORTFOLIO, 
DE-LISTING AND SUMMARY WINDING UP 
 
 
 
 
1.   POSTING OF CIRCULAR 
 
 
Further to the announcement released on 6 March 2009, Guangdong Development Fund 
Limited (LSE: GDF) confirms that a Circular convening an Extraordinary General 
Meeting of the Company and setting out the details of the proposed disposal of 
all of its remaining assets and investments to Kingwin Investments Limited and 
the proposed De-listing and Summary Winding Up of the Company, has now been 
posted to GDF Shareholders. 
 
 
The Disposal is expected to complete on or before 3 June 2009 and the Summary 
Winding Up and De-listing are expected to commence on or before 4 June 2009. 
 
 
The EGM is to be held at Unit 601-2, 6th Floor, St. George's Building, 2 Ice 
House Street, Central, Hong Kong at 4 p.m. (Hong Kong time) on 22 May 2009. 
 
 
It is expected that the listing of Ordinary Shares will be suspended at 7:30 
a.m. (London time) on the day of the EGM. 
 
 
Subject to the approval of the GDF shareholder Resolution relating to the 
De-listing, application will be made to cancel the listing of Ordinary Shares on 
the Official List on the day of the Completion of the Disposal. It is expected 
that the listing of Ordinary Shares will be cancelled at 8:00 a.m. (London time) 
on the business day following Completion, being 4 June 2009. 
 
 
Copies of the Circular will be available for inspection at the Financial 
Services Authority's Document Viewing Facility, the registered office of the 
Company (Ground Floor, Liberation House, Castle Street, St Helier, Jersey JE2 
3AT, Channel Islands), and the offices of Reed Smith LLP (The Broadgate Tower, 
20 Primrose Street, London EC2A 2RS) during normal business hours. 
 
 
Words and expressions in this announcement have the same meaning as those 
defined in the Circular except where the context requires otherwise. 
 
 
 
2.   ENQUIRIES 
 
 Guangdong Development Fund Limited 
Steve Lee/ Ivan Wong 
Tel: [phone] 
0834 
 
 Seymour Pierce Limited 
Sponsor 
John Depasquale 
Tel: [phone] 
107 8010 
 
 
Seymour Pierce Limited ("Seymour Pierce"), which is authorised in the United 
Kingdom by the Financial Services Authority, is acting as sponsor to the Company 
and no one else in connection with the Proposals and will not be responsible to 
anyone other than the Company for providing the protections afforded to 
customers of Seymour Pierce, or for advising any other person in connection with 
the transaction referred to in this announcement. 
 
 
This announcement is not intended to and does not constitute or form part of, 
any offer to sell or an invitation to purchase any securities or the 
solicitation of any vote or approval in any jurisdiction pursuant to the 
transactions referred to here or otherwise. Persons who are not resident in the 
United Kingdom, should inform themselves about and observe any applicable legal 
and regulatory requirements. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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