Settlement of Loan (9871X)
23 Febrero 2012 - 5:00AM
UK Regulatory
TIDMQIH
RNS Number : 9871X
Qihang Equipment Company Limited
23 February 2012
Qihang Equipment Company Limited
Settlement of loan
Qihang Equipment Company Limited ("Company") has today
transferred 25,000,000 ordinary shares and 35,000,000 options to
subscribe for ordinary shares, exercisable at 0.8 pence per share,
in Metroelectric plc to Wonder Employee Capital Limited ("WECL") in
full and final satisfaction of a loan of GBP200,000 received by the
Company from WECL in 2009.
For further information please contact:
Qihang Equipment Company Limited
Mr Yuanqing Li, CEO Tel: 0086 139 2159 4638
Mark Chapman, Chairman Tel: 0044 (0)1483 894 627
Nominated Adviser and Joint Broker Tel: 0044 (0)20 7796 8800
Northland Capital Partners Limited
William Vandyk
Joint Broker Tel: 0044 (0)20 7562 3384
Rivington Street Corporate Finance Limited
Dru Edmondstone
This information is provided by RNS
The company news service from the London Stock Exchange
END
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