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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
London Asia | LSE:LDC | London | Ordinary Share | GB0008251513 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.85 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7075H London Asia Capital PLC 16 August 2006 16 August 2006 LONDON ASIA CAPITAL PLC Appointment Of Robert Spriddell As Non Executive Director London Asia Capital plc ("London Asia" or "the Company"), the Asian focused investment and merchant banking group, is pleased to announce the appointment of Robert Spriddell as a non-executive director with immediate effect. Robert Spriddell is currently employed as an Investment Director of Consensus Business Group Limited ("Consensus"). London Asia entered into a joint venture, LAC Consensus ("LACC"), with Consensus last year to provide equity, structured finance and services to businesses in Asia, combining the skills and networks of Consensus and London Asia. Consensus is the designated investment manager for Elsina Limited, an investor in the London Asia Chinese Private Equity Fund Limited, and is managed by Vincent Tchenguiz, co-founder of the Rotch Property Group, a multi-billion pound property investment group. Investments under management include commercial and residential property and innovative technology. Consensus manages over #100 million in private equity investments, with a focus on renewable energy, new media and security products, and has significant experience in structured financial products. The ultimate owner of Elsina Limited is Investec Trust (Guernsey) Limited as trustee of the Tchenguiz Family Trust. Jack Wigglesworth, Chairman of London Asia, commented: "I am delighted that Robert has agreed to join the Board. Robert brings with him the extensive contacts, experience and financing capabilities of the Consensus Business Group, with whom we have already been successfully working for over a year. The Board regards his strategic, value realisation, portfolio enhancement and organic and inorganic growth skills as being in line with our own aspirations for the continued growth of the business." Robert Spriddell added: "I am delighted to be invited to join the Board of London Asia and look forward to helping contribute to its future growth at an exciting time in its development." Robert Spriddell, aged 39, Current Appointments and Directorships: The Optima Group Limited Cost Reduction Group Limited Cost Reduction Limited Gowi Group Plc Previous Appointments and Directorships within the last five years: Viness Limited Goldshore Holdings plc* Global Trade Group Limited Probability Games Corporation Limited Win TV (UK) Limited Edengene Limited * Goldshore Holdings plc was subject to a creditors' voluntary liquidation. Leonard Curtis & Co of One Great Cumberland Place, Marble Arch, London W1H 7LW were appointed as liquidators on 6 April 2006. Goldshore Holdings plc was wound up on 6 April 2006 with an estimated deficiency of #363, 934 as regards to creditors. There are no further disclosures required to be made in respect of Mr Spriddell with regard to paragraph (g) of Schedule 2 of the AIM Rules. For further information please visit www.londonasia.com or contact: Simon Littlewood John West/ Matt Ridsdale London Asia Capital Tavistock Communications Tel: 020 7355 7928 Tel: 020 7920 3150 For further information about Consensus visit www.consensusbusiness.com About London Asia Capital plc London Asia is an AIM listed investment and merchant banking group focused on the SME sector in Asia, with 32 offices in 20 provinces in China, and representatives in Mongolia, Vietnam, Hong Kong, Singapore, and Malaysia. London Asia operates four principal businesses: * Fund management; * Investment Banking services, mainly corporate finance advisory (fund raisings, IPO's, M&A, project and infrastructure finance and restructurings); * Investment of own funds in profitable businesses in Greater China, with exits via IPO or trade sale; and * Structured financial products. This information is provided by RNS The company news service from the London Stock Exchange END BOAZGGMRNKGGVZM
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