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Euro Asia Premier Real Estate Company Ltd.
Ansprechpartner: Patrick Chan
E-Mail: euasia@eu-asia.net

FRüHERE MELDUNGEN

06.07.2016 - 08:55 | Euro Asia Premier Real Estate Company Ltd.
06.07.2016 - 08:50 | Euro Asia Premier Real Estate Company Ltd.
02.06.2016 - 08:45 | Euro Asia Premier Real Estate Company Ltd.
18.04.2016 - 16:45 | Euro Asia Premier Real Estate Company Ltd.
18.04.2016 - 16:45 | Euro Asia Premier Real Estate Company Ltd.

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pta20160708008
Public disclosure of inside information according to article 17 MAR

Euro Asia Premier Real Estate Company Ltd.: Euro Asia completes acquisition and capital increase


Hong Kong, SAR PR of China, 08 July, 2016 (pta008/08.07.2016/11:45) - Purchase of industrial group successfully for stock for approximately 6.9 million Euro

Private placement raising approximately 19 million Euro cash completed to increase working capital

Euro Asia Premier Real Estate Company Limited (JT9; ISIN: VGG3223A1057) is pleased to announce that it has completed the acquisition of Yanxi Industrial Shanghai Company Ltd for a consideration of 1.26 million Euro Asia shares, as announced on 02 June 2016. The acquisition is based on Yanxi's audited net book value of approx. 63.3 million RMB or 8.64 million Euro, as of 31 March, 2016. The consideration equates a valuation of approx. 6.85 Euro per share of Euro Asia. The transaction was completed on 08 July, 2016.

Furthermore, Euro Asia is also pleased to announce a successful placement of 2.8 million common shares of the Company at a price of approx. 6.75 Euro per share. This private placement is completed as at 08 July, 2016. The total cash raised from the private placement is 163,170,163 HKD or approximately 19 million Euro. The funds are intended to be redeployed in Yanxi for its operation.

Shares for the acquisition consideration and capital increase were taken from the treasury shares the company holds since the cancellation of 7 million shares owned by former Chairman, Mr. Sun XiYi, in September 2014. Including the 4,075,340 re-issued shares, the number of shares outstanding will be 8,075,340, subject to the audit of Euro Asia's audit firm Mazars CPA, LLP.

Bloomberg FX tables June 30, 2016 Euro to HKD 8.5863

(end)
emitter: Euro Asia Premier Real Estate Company Ltd.
Nova Stage Chambers, P.O. Box 4389
0000 Road Town Tortola
Virgin Islands,British
contact person: Patrick Chan
e-mail: euasia@eu-asia.net
website: www.eu-asia.net
stock exchanges: free market in Munich
ISIN(s): VGG3223A1057 (share)
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