Offer Update
26 Junio 2008 - 7:24AM
UK Regulatory
China Medstar Limited (the "Company")
Offer Update
Further to the announcement by the Company on 4 June 2008 in relation to the
recommended Offer by Ascendium Group Limited, the Company and Ascendium Group
Limited today announce an extension to the Closing Date under the Offer to 1.00
p.m. (London time) on 17 July 2008.
All other dates in relation to the Extraordinary General Meeting and the
proposed date of Cancellation remain the same.
The expected timetable of events following this announcement is set out below:
Extraordinary General Meeting 10.00 a.m. (Beijing time) on 27 June,
2008
Proposed Date of Cancellation 7.00 a.m. (London time) on 7 July, 2008
Closing Date under the Offer 1.00 p.m. (London time) on 17 July, 2008
Words and expressions in this announcement, save as amended, have the same
meaning as those defined in the Shareholder Circular dated 4 June 2008 except
where the context requires otherwise.
26 June 2008
Enquiries:
China Medstar Limited
Dr Cheng Zheng, Chairman and CEO Tel: +86 (10) 5825 6867
Yap Yaw Kong, CFO
Evolution Securities Limited (NOMAD & financial adviser to Medstar)
Tom Price Tel: +44 (0) 20 7071 4300
Bobbie Hilliam
Evolution Securities China
Nick Martin Tel: +44 (0) 20 7220 4850
Haggie Financial LLP
Nicholas Nelson/Kathy Boate Tel: +44 (0) 20 7417 8989
END
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