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Update on Investment review

31 Jul 2015 08:24

RNS Number : 6900U
Kuala Innovations Limited
31 July 2015
 



FOR IMMEDIATE RELEASE 31 July 2015

 

 

Kuala Innovations Limited ("the Company")

 

Update on Investment review

 

The Company announces that, further to the announcement of 3 June 2015, Galloway Limited's ("Galloway") review of potential investment opportunities remains ongoing. Given the change of the Company's investment policy (as approved by Shareholders on 28 July 2015) the directors and Galloway are now able to consider a wider pool of potential investments and, as such, the Company has agreed to extend the deadline for a report to the Board on these. The Company expects to be able to announce its conclusion shortly.

 

The Company can also confirm that its new website, www.kualainnovations.com is now live.

 

For further information please visit www.kualainnovations.com or contact:

 

James Biddle (Nomad)

Beaumont Cornish LimitedTel: +44 207 628 3396

 

Peterhouse Corporate Finance Limited

Guy Miller/ Lucy Williams

Tel: +44 (0) 207 469 0930

 

Elysium Fund Management Limited

PO Box 650

1st Floor

Royal Chambers

St Peter Port

Guernsey

GY1 3JX

 

Tel: +44 1481 810 100

Fax: +44 1481 810 120

e-mail: elysium@elysiumfundman.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCZMGFNNMZGKZG
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