Update on Investment review

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 Limited Tel: [phone] Peterhouse Corporate Finance Limited Guy Miller/ Lucy Williams Tel: [phone]

Elysium Fund Management Limited PO Box 650 1st Floor Royal Chambers St Peter Port Guernsey GY1 3JX Tel: [phone] Fax: [phone] e-mail: [e-mail]

 

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