Asia Entertainment & Resources Ltd. AERL, which operates
through its subsidiaries and related promoter companies as a VIP room gaming
promoter, previously announced that the Company had submitted a pre-IPO
enquiry letter to the Hong Kong Stock Exchange (the “Letter”). In August 2012,
the Company received a response to the Letter, in which the Hong Kong Stock
Exchange provided preliminary guidance on the proposed listing application.
Upon consideration of the response to the Letter, the Company today announced
its intention to pursue a dual listing of its shares on the Hong Kong Stock
Exchange. The Company further announced that it has entered into engagement
letters with applicable professional advisors in order to complete such
listing.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in