ARC Capital Holdings Limited Orient Home Arbitration Update and NAV (4540V)
28 Oktober 2014 - 9:45AM
UK Regulatory
TIDMARCH
RNS Number : 4540V
ARC Capital Holdings Limited
28 October 2014
28 October 2014
ARC Capital Holdings Limited
Update on Orient Home Investment Deposit Arbitration
Net Asset Value as at 30 September 2014
ARC Capital Holdings Limited ("ARCH") (AIM: ARCH) announces that
on 17 October 2014, the China International Economic and Trade
Arbitration Commission ("CIETAC"), extended the deadline for
rendering an arbitral award on the Orient Home Investment Deposit
by a further three months to 21 January 2015.
NAV as at 30 September 2014
ARCH announces that as at the close of business on 30 September,
2014, its unaudited net asset value ("NAV") per share was
US$0.3315, which represents a decrease of approximately 9.8%
compared to NAV per share at the close of business on 30 June
2014.
For more information please contact:
ARC CAPITAL HOLDINGS LIMITED:
Steve Feniger, Chairman of the Board
E: steve.feniger@gmail.com
NOMINATED ADVISER:
Philip Secrett, Grant Thornton UK LLP
T: (44) 20 7383 5100
E: philip.j.secrett@uk.gt.com
BROKER:
David Benda / Hugh Jonathan, Numis Securities Limited
T: (44) 20 7260 1000
E: d.benda@numiscorp.com
This information is provided by RNS
The company news service from the London Stock Exchange
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