ABN Newswire http://www.abnnewswire.net Wed, 30 May 2012 01:21:08 newsroom@abnnewswire.net newsroom@abnnewswire.net 60 <![CDATA[ Kickapoo Co,. Ltd. Launches the "Mameshiba Catch" app for iPhone ]]> en72102 Y http://www.abnnewswire.net/press/en/72102/ Mon, 26 Mar 2012 17:54:49 GMT Kickapoo Co., Ltd. announced the release of game App "Mameshiba Catch" for iPhone. Mameshiba, hybrid dog-bean-looking character very popular among young girls in Japan, will be waiting to be caught with chopsticks. The game is available at the App Store from March 22, 2012.

The App. was launched in Japan at the Tokyo Animation Fair 2012, the biggest animation exhibition in Japan.

APP name: "Mameshiba Catch"
Price: 0.99USD(incl.tax)
Available for iPhone3GS / iPhone4 / iPhone 4S

iTunes Link English:
http://itunes.apple.com/us/app/id504775021

iTunes Link Japanese:
http://itunes.apple.com/jp/app/id504775021

About Kickapoo Co., Ltd.

Kickapoo is a company based in Tokyo, Japan that provides solutions for advertising and promotion planning. For more informtion, visit the company website at:
http://www.kickapoo.jp

Kickapoo Co., Ltd.
TEL: +81-3-3568-3224
EMAIL: info@kickapoo.jp

]]> newsroom@abnnewswire.net <![CDATA[ Asian Activities Report for January 20, 2012: Tencent (HKG:0700) Invests in Level Up to Explore Online Game Markets in Brazil and the Philippines ]]> en71362 Y http://www.abnnewswire.net/press/en/71362/ Fri, 20 Jan 2012 12:00:18 GMT China's largest and most used Internet service provider Tencent Holdings Limited (HKG:0700) has signed an agreement to acquire 49% interest in Level Up for US$26.95 million. Level Up is one of the leading game publishers and operators in Brazil and the Philippines. As of 30 November 2011, the consolidated total assets of Level Up were approximately US$32.3 million and net assets were approximately US$19.0 million. Tencent believes that the investment in Level Up will help Tencent identify opportunities in the online game sector in Brazil and the Philippines.

Asia Resources Holdings Limited (HKG:0899) says that its iron ore mine in Indonesia has commenced trial production in January 2012. An initial 5,000 metric tonnes of raw iron sand have been exploited and are currently under processing. Alongside with the trial production, the Group will commence marketing activities targeting both local and overseas customers for the sales of its iron sand.

Eisai Co., Ltd. (TYO:4523) will launch LIFE CHECK, a self-monitoring blood glucose meter on January 27, 2012. LIFE CHECK has been specially designed for ease-of-use by elderly diabetes patients. The sensor is easily inserted into the meter and has been designed to ensure that drops of blood from pierced fingertips can be easily applied. LIFE CHECK can even be used simply by diabetes patients who experience numbness and trembling in their hands and fingers.

Nihon Kohden Corporation (TYO:6849) announced the establishment of a 100%-owned subsidiary in Brazil, for the sales and after-sales support of medical devices. The sales subsidiary will aim to expand the market in Brazil, one of the major markets in Latin America, and to enhance brand image and provide tailored customer services. Operations will commence in April 2012.

NTT Data Corporation (TYO:9613) has commenced to provide supportive services, including ATM software and settlement networks, to regional banks in Japan whose ATMs are ready to accept China UnionPay cards. The Bank of Kyoto (TYO:8369) has become the first regional bank to adopt NTT Data's supportive services, and now provides cash withdrawal and balance inquiry services for China UnionPay card holders. The services will ensure that Chinese visitors can enjoy an even more pleasant shopping experience in Japan.

Qiubei Fu 
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

]]> newsroom@abnnewswire.net <![CDATA[ Asian Activities Report for January 18, 2012: DeNA (TYO:2432) Works with NetDragon Websoft (HKG:0777) to Develop Mobile Social Games for the Chinese Market ]]> en71315 Y http://www.abnnewswire.net/press/en/71315/ Wed, 18 Jan 2012 12:00:01 GMT DeNA Co., Ltd. (TYO:2432), Japan's leading social gaming platform operator, and NetDragon Websoft Inc. (HKG:0777), a leading online game developer and mobile internet platform operator in China, have agreed to form a joint venture in the first quarter of 2012 to develop and operate mobile social games for the Chinese market. The joint venture company will localize non-Chinese social games, including a roster of DeNA Group's popular in-house and third party titles, for the growing smartphone market in China. The games will be available via NetDragon's app distribution platforms, which are widely used by smartphone users in China.

Mitsubishi Materials Corporation (TYO:5711), Furukawa Co., Ltd. (TYO:5715), Dowa Holdings Co.,Ltd. (TYO:5714), and Marubeni Corporation (TYO:8002) have announced the extended mine of life for their jointly invested Huckleberry copper project in Canada. Regulatory approvals for the Main Zone Optimization Plan have been received, and the life of the project has been extended to 2021. Production is expected to maintain the current rate, at approximately 20,000 tonnes of copper per year. The project is 50% owned by the four Japanese companies, with the remaining 50% interest owned by Canadian company Imperial Metals Corporation (TSE:III).

Goldwin Inc. (TYO:8111), a Japan-based manufacturer of highest quality authentic sportswear and equipment says that it will invest 1,800,000 Swiss francs to establish a wholly-owned subsidiary in Switzerland, named "Goldwin Europe AG", as an effort to expand the Company's business in Europe. Regulatory approval has been granted for the new company, which is expected to commence operation on April 1, 2012.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

]]> newsroom@abnnewswire.net <![CDATA[ Asian Activities Report for January 16, 2012: China Southern Airlines (HKG:1055) Eyes on Australia ]]> en71292 Y http://www.abnnewswire.net/press/en/71292/ Mon, 16 Jan 2012 13:05:43 GMT China Southern Airlines (HKG:1055) (SHA:600029) has become a major international sponsor and the official airline for Sydney Festival 2012, which opens from 7 January to 29 January 2012 in Sydney. China Southern Airlines is the first Chinese company to sponsor Sydney Festival, Australia's most vibrant summer festival of arts and performances. The sponsorship worth A$600,000, is part of China Southern Airlines' strategic expansion in the Australian market. The Company has been flying into Sydney for over 10 years, with additional flights to Melbourne and Brisbane and a new direct Perth service added in 2011. It is currently offering Australians flights into China and 132 cities worldwide.

Hisense Group (SHA:600060) was honored with the "Value Innovation Award" for its I'TV2 product at the International Consumer Electronics Show (CES) in Las Vegas on January 10th. This is the first time a Chinese enterprise has secured the highly competitive CES award. Hisense' I'TV has become a very popular product in China since it was launched at the end of 2011. It is the world's first personalized Smart TV, built specifically as a tablet but with all the functions of a TV.

Chiyoda Corporation(TYO:6366) says that its joint venture company with JGC Corporation (TYO:1963) and Kellogg Brown & Root has been awarded an engineering, procurement and construction ("EPC") contract for the Ichthys LNG plant facilities in Australia. The overall EPC contract value is expected to be around US$15 billion. The Ichthys LNG project is an integrated natural gas field development project, which will produce 8.4 million tonnes of LNG, approximately 70% of which is to be delivered to Japan.

Bridgestone Corporation (TYO:5108) has developed a revolutionary new printing technology for tires that is different from any tire printing or coloring process on the market today. Through this new technology, Bridgestone can realize the more creative showcase of tires while also considering environmental concerns such as fuel efficiency, without any additional weight to the tire. Bridgestone plans to quickly bring this tire printing technology to market.

Elecom Co., Ltd. (JASDAQ:6750) has unveiled its latest USB products, which features a function for encrypting stored data through a strong encryption algorithm called AES 256 bit. In addition, the USB products have superb security function, embedded with anti-virus program Trend Micro USB Security(TM) 2.0, which can protect the data on flash drive and PCs that it connects to.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

]]> newsroom@abnnewswire.net <![CDATA[ GoConnect (ASX:GCN) Update on Development of Internet Connected TV Audience ]]> en71021 Y http://www.abnnewswire.net/press/en/71021/ Thu, 15 Dec 2011 17:13:57 GMT Directors of GoConnect Ltd (ASX:GCN) are pleased to advise that the company's IPTV business channel, World Business Network, has just received approval from LG Inc. (SEO:066570) and has gone live on all LG Internet connected TVs sold globally. The World Business Network is available as a downloadable application on all Internet connected TVs of LG. It currently carries two programs, The Business Show, which distributes a series of sponsored business interviews conducted by Adam Shand, and the ABN Newswire business news programs. Additional business programs will be added in coming months. Including The World Business Network, this brings to six the number of downloadable applications that GCN has developed, and which have been approved by LG for distribution to the LG IPTV households globally.

Since inception, GCN's IPTV audience, gained through Internet connected TVs of Sony (NYSE:SNE) and LG, have to-date attracted an audience of over 52,000 households, with over 70 per cent of that from the international markets outside of Australia. Based on industry statistics of 2.5 people per TV household, this translates to an IPTV audience reach of 130,000 people, a useful addition to the GCN advertising network that the company is building. However, the potential growth of this audience is still relatively untapped.

Based on TV industry sources, by the end of 2012, we expect the number of Internet connected TVs that will carry GCN's IPTV applications and premium channel uctv.fm will have grown to about 50 million units, potentially delivering an audience reach of 125 million people worldwide. This audience reach does not include that from smartphone and desktop PC users with smartphone expected to be increasing in its acceptance for video viewing by the IPTV audience on the move. With GCN's IPTV applications and channels available on the three screens of desktop PCs, smartphones, and Internet connected TVs worldwide, GCN is well positioned to benefit from the exponential growth and increasing popularity of IPTV connected devices and networks.

GCN has first mover advantages in the IPTV industry, having first launched its patented IPTV application GoTrek in the year 2000 and GoTrek's derivative m-Vision for the first generation smartphone in 2003. Capitalising on the company's proprietary technologies, expertise and experience in IPTV to expand the company's audience reach, GCN has now also added to its IPTV strategy free Wi-Fi network (wireless internet) and a strong China focus.

About ABN Newswire

Asia Business News (ABN Newswire) is a leading communications technology company in Asia, and electronically publishes and distributes corporate and financial news and information from publicly listed companies directly to investors and financial media outlets worldwide through a professional database network and financial news distribution platform. Operations are tailored for corporate Investor Relations departments and corporate Public Relations departments through the ABN Newswire.

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GoConnect Limited
Tel: +613-9993-7000
http://www.goconnect.com.au

ABN Newswire
Tel: +612-9247-4344
http://www.abnnewswire.net

]]> newsroom@abnnewswire.net <![CDATA[ Asian Activities Report for December 15, 2011: DeNA (TYO:2432) and Alibaba Cloud Computing to Form Strategic Alliance in China ]]> en71015 Y http://www.abnnewswire.net/press/en/71015/ Thu, 15 Dec 2011 11:00:46 GMT DeNA Co., Ltd. (TYO:2432) has agreed to form a strategic alliance with Alibaba Cloud Computing ("AliCloud"), a subsidiary of China's Alibaba Group to provide DeNA's Mobage social gaming platform to consumers and developers in China. The two parties will work together to bring Mobage to Chinese consumers on Aliyun OS-based smartphones in early 2012. In addition, DeNA will make the company's proprietary ngCore game engine available and easily accessible to Chinese game developers through AliCloud's cloud services.

Marubeni Corporation (TYO:8002) has agreed to acquire a 40% equity interest in APT Allgas Energy Pty Ltd ("Allgas"), a wholly owned subsidiary of APA Group (ASX:APA) in Australia. APA is a major energy company involved in the ownership, operation and management of gas pipelines and gas distribution networks throughout Australia. Through its interest in Allgas, Marubeni will become the first Japanese corporation to participate in the gas distribution network business in Australia.

Japan Airlines and WestJet Airlines (TSE:WJA), a low-cost airline in Canada have signed a codeshare agreement which will place the "JL" flight indicator on WestJet-operated flights between Vancouver and six Canadian cities - Calgary, Edmonton, Kelowna, Montreal, Toronto and Winnipeg, from December 15, 2011. The agreement will expand the total number of Canadian cities in Japan Airlines' network from three to seven.

Sumitomo Chemical Co., Ltd. (TYO:4005) and Nabaltec AG (ETR:NTG) of Germany have been in discussions about collaborating on their Alumina and Aluminum Trihydroxide businesses. The companies have agreed to start collaborating first in the commercial area. Beginning December 1, 2011, Nabaltec will be supplying Sumitomo Chemical an exclusive grade of fine precipitated Aluminum Trihydroxide for sale in East Asia.

Qiubei Fu
Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

]]> newsroom@abnnewswire.net <![CDATA[ Asian Activities Report for April 14, 2011: DataMotion Asia Pacific (ASX:DMN) To Commence Drilling On M12 Rare Earth Elements Target In April ]]> en66989 Y http://www.abnnewswire.net/press/en/66989/ Thu, 14 Apr 2011 12:01:59 GMT DataMotion Asia Pacific Limited (ASX:DMN) has completed a 3D gravity survey on M12 target within the Mt Barrett rare earth elements project and is planning drilling on M12 in April 2011. M12 is a strongly magnetic anomaly approximately 2.5km in diameter, located north-east of Lynas Corporation's (ASX:LYC) Mt Weld project in Western Australia, one of the World's richest rare earth deposit.

MobileActive Limited (ASX:MBA), Australia's leading independent mobile phone content interactive services and technology company, said today that mobile phone applications, produced by its RingRing Studios division, have surpassed 1,000,000 downloads worldwide. The Company's distribution network through its RingRing Studios division currently covers 100 countries and is continuing to expand.

UXA Resources Limited (ASX:UXA) has intersected a 3-metre zone of visual Zn-Pb mineralisation in the first infill diamond drill hole at the Dome 5 zinc-lead-silver prospect in NSW, where early exploration had returned high grade mineralisation of up to 0.85m at 19.15% Zn, 4.9% Pb and 83ppm Ag. The remaining drill holes are expected to be completed over the next five to six weeks.

Avanco Resources Limited (ASX:AVB) reported that drilling at Serra Verde Copper Project in Brazil continued to show great promise. Continuous mineralisation has been encountered including 7.23m of copper sulphide and the mineralisation is thickening and open at depth. Highly encouraged by the early exploration success, the Company has mobilised a second rig to the project and already commenced drilling.

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

]]> newsroom@abnnewswire.net <![CDATA[ Nintendo (OSA:7974) Sees 'Rocket Start' to 3DS Handheld Game Player ]]> en65052 Y http://www.abnnewswire.net/press/en/65052/ Fri, 21 Jan 2011 12:07:17 GMT Nintendo Co., Ltd (PINK:NTDOY) (OSA:7974) predicted a "rocket start" to U.S. sales of the 3DS handheld video-game player, boosted by the device's high-definition graphics and titles that showcase its features.

The 3DS uses three cameras and a motion sensor to create the 3-D effect, which is adjustable by the user. More than 30 games will be available by early June, many of them in 3-D, Nintendo said.

The 3DS will sell for US$250 and make its U.S. debut on March 27. Sales in Europe are scheduled to begin on March 25 and Japanese sales will begin on Feb 26.

Analysts believed that the 3DS launch should be a major catalyst for the game industry, for there is more pent-up demand for the product than any other consumer electronics device in the market.

Nintendo's dominance in portable gaming will be tested by Sony Corp.'s (TYO:6758) (NYSE:SNE) new PSP, as well as by Apple Inc.'s (NASDAQ:AAPL) iPhone and smartphones using Google Inc.'s (NASDAQ:GOOG) Android software. According to private sources, Sony will introduce a new version of its competing PlayStation Portable handheld on Jan. 27, followed by a game-playing smartphone from Sony Ericsson.

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

]]> newsroom@abnnewswire.net <![CDATA[ Australian Market Report of December 13, 2010: Altura Mining (ASX:AJM) Received Approval for Lithium Drill Program in WA ]]> en64792 Y http://www.abnnewswire.net/press/en/64792/ Mon, 13 Dec 2010 13:30:00 GMT Altura Mining Limited (ASX:AJM) has received approval from the Western Australian Department of Mines and Petroleum for the upcoming drill program at Pilgangoora Lithium Project in WA. Approval will enable surface works including construction of drill pads and installation of access tracks to be completed in preparation for drill commencement in early January 2011. Drilling will establish dimensions of pegmatite, lithium grades and the resource potential.

Orion Metals Limited (ASX:ORM) has received highly encouraging gold results from 30 shallow RC drill holes (total of 366 metres) which were recently completed at Killi Killi Hills Gold-Rare Earth Element Project. This programme was a preliminary scout drilling exercise to test surface rare earth element and gold mineralisation which was previously confirmed in the outcrop rock chip sampling undertaken earlier in the year. Gold results averaged 6 meters at 5.85 g/t Au. Further assessment will be made when the rare earth element results are received.

Pharmaceutical company Pharmaxis (ASX:PXS) today announced that the Australian Advisory Committee on Prescription Medicines has recommended approval of Bronchitol (inhaled dry powder mannitol) for marketing in Australia for the treatment of cystic fibrosis. Bronchitol has been the subject of two pivotal clinical trials in cystic fibrosis in over 600 people involving 93 hospitals around the world. In April 2009 Bronchitol was awarded Orphan Drug designation in Australia for the treatment of patients with cystic fibrosis to improve lung function and reduce exacerbations.

Tabcorp Holdings Limited (ASX:TAH) today announced an expansion of its investment program in its three Queensland casinos from the A$175 million investment to A$625 million. The investment will deliver three world class entertainment destinations and provide a boost for the tourism and entertainment sectors in the state. The investment program will turn the casinos into attractive destinations for Queenslanders, interstate visitors and international tourists. It will significantly expand the number of hotel rooms, restaurants and event space, and will add new nightlife venues and spa and pool facilities. The investment includes the construction of two new hotels - one in Brisbane and one on the Gold Coast.

Asia Business News
Tel: +61-2-9247-4344
http://www.abnnewswire.net

]]> newsroom@abnnewswire.net <![CDATA[ Emperor International Holdings (HKG:0163) and Emperor Entertainment Hotel (HKG:0296) Announce Corporate Exercise ]]> en64352 Y http://www.abnnewswire.net/press/en/64352/ Sat, 4 Dec 2010 10:00:12 GMT Emperor International Holdings Limited (HKG:0163) & Emperor Entertainment Hotel Limited (HKG:0296) today jointly announced its corporate exercise in the form of a series of transactions.

1. Sale of a development project in Shanghai (the "Project") from EEH to EIHL
A wholly-owned subsidiary of EIHL has entered into a sale and purchase agreement for the purchase of the Project, held by the wholly-owned subsidiary of EEH at the consideration, equivalent to the sum of the unaudited consolidated net asset value of the Project in the books of EEH as at completion with the value of the development site of the Project to be valued as at 24 November 2010 and adjusted for the deferred taxation recognized plus the amount of the shareholders' loan of the Project. Based on the unaudited consolidated accounts of EEH as at 30 September 2010 of which the Project is consolidated therein, the consideration will be approximately HK$1,062.93 million.

The consideration shall be settled by the allotment and issue of 258,509,196 shares in EIHL (the "EIHL Consideration Shares") at HK$4.11 per EIHL share, determined with reference to the unaudited consolidated net asset value of EIHL as at 30 September 2010 and after adjusting for cash interim dividend, the market value of all its properties in place of the book value, the deferred taxation recognized for its properties and the carrying value of the amount due to related company be replaced by the contractual amount as at 30 September 2010.
The remaining balance is to be settled in cash. The EIHL Consideration Shares amount to approximately 8.01% of the total issued share capital of EIHL on enlarged basis.

The Project is located in Yu Yuan, Shanghai and it is under development. It will be developed into a shopping arcade and hotel/services apartment complex on a 246,200 square feet prime site. The main body of the complex will be a multi-storey shopping arcade with the expected total gross area of 1,298,500 square feet. A new Shanghai M10 subway route will be adjacent to the Project site.

Ms. Vanessa Fan, Managing Director of EIHL and Executive Director of EEH, said, "It offers a good opportunity for EEH to dispose of its interest in the Project so that it can realize the currently non-revenue generating Project into marketable securities. More importantly, it can also rationalize the business line of both EIHL and EEH. EIHL, with its business in property investment and development, is more financially viable in developing the Project, while EEH does not need to further devote substantial capital into the Project which is still under construction. EEH can then more focus on its entertainment and hospitality business in Macau with effective reallocation of financial resources and management efforts. This transaction allows both EIHL and EEH to enjoy win-win situation with corporate restructuring in effective manner."

This transaction allows EIHL to increase its stake in the Project with potential prospect without substantial cash commitment and to increase the number of shares for enhancing market capitalization.

2. Proposed distribution in species of shares in EIHL to EEH shareholders
EEH proposed to distribute the EIHL Consideration Shares received by it upon completion of the acquisition of the Project as special dividend (the "EEH Special Dividend") to EEH shareholders on the basis of 1 EIHL share for every 5 EEH shares held.

The distribution allows EEH shareholders to enjoy the benefit of realizing the Project which has turned into marketable securities. Leveraging the increased capital base, EIHL can enhance investor profile and improve liquidity in public capital market.

3. Voluntary conditional offer to acquire all EEH shares by EIHL
Simultaneously, EIHL, through its wholly-owned subsidiary, will make a voluntary conditional cash and securities exchange offer to acquire all the issued shares in the share capital of EEH (the "General Offer"). Under the General Offer, every 4 EEH shares will be tendered for 3 EIHL shares plus HK$0.16 in cash. Currently, 549,318,168 shares in EEH are eligible to accept the General Offer. EEH shareholders accepting the General Offer will tender their EEH shares together with their EIHL shares entitlement under the EEH Special Dividend mentioned above as well as the cash interim dividend of HK$0.04 per EEH Share. In return, EEH shareholders will receive EIHL shares in the aforesaid ratio plus the cash portion of the General Offer which is equivalent to the amount of cash interim dividend payable to EEH shareholders.

Ms. Fan added, "It is a kind of option for EEH shareholders becoming shareholders of EIHL upon the securities exchange for enjoying comprehensive property portfolio with more diversified projects and higher liquidity in the share market and larger shareholder base. However, if EEH shareholders do not accept this offer, they can still retain its EEH shareholding and receive 1 EIHL share for every 5 EEH shares held as special dividend."

The General Offer allows EIHL to increase the stake of the business of EEH without extra cash commitment. Assuming some or all of the EEH shareholders accept this offer, it can enlarge EIHL capital base, hence strengthening EIHL investor profile. EEH shareholders can extend their investments in EIHL and retain its investment participation in the Project at the same time.

4. Proposed distribution in specie of EIHL shares to EIHL shareholders
Subject to the above transactions, EIHL proposed to distribute (i) the EIHL Shares received under the EEH Special Dividend, (ii) the EIHL shares entitlement under the EEH Special Dividend tendered by EEH Shareholders under the General Offer and (iii) the additional EIHL shares to be issued by way of bonus issue, to EIHL shareholders in a form of special dividend on the basis of 1 EIHL share for every 10 EIHL shares held.

The distribution will increase the liquidity of shares of EIHL in the public market, hence enlarging its share capital base. The EIHL shareholders can also enjoy the benefit of the enlarged capital base, improved liquidity and realization of the marketable assets in the form of distribution of shares.

Appendix:

Summary of Shareholders Benefits
-----------------------------------------------------------
EIHL Shareholders   EEH Shareholders
(163.HK)            (296.HK)     
-----------------------------------------------------------
                  If Accept                 If NOT Accept
                  General Offer             General Offer
                  --------------------------------------
- Cash Dividend   (i) Surrender 4 EEH         Retain 
                  shares (which comes with    EEH shares
                  EIHL shares entitlement 
                  under EEH Special   
                  Dividend (thru T2) and 
                  the entitlement under the 
                  cash interim dividend) 
                    
                 (ii) receive 3 EIHL shares 
                 (thru T3)   
-----------------------------------------------------------
- Receive 1 EIHL  Receive the cash portion    Receive 1 
share for every   under the General Offer     EIHL share 
10 EIHL shares    (equivalent to cash         for every 5 
held(thru T4)     interim dividend)(thru T3)  EEH shares 
                                              (thru T2)
-----------------------------------------------------------
                                              Receive cash 
                                              interim dividend,
                                              (equivalent to the 
                                              cash portion under 
                                              the General Offer)  
------------------------------------------------------------
T1: Sale of the Project from EEH to EIHL
T2: Proposed distribution in species of shares in 
    EIHL to EEH Shareholders
T3: Voluntary conditional offer to acquire all 
    EEH shares by EIHL
T4: Proposed distribution in specie of EIHL shares 
    to EIHL Shareholders
------------------------------------------------------------
Key Timeline For Shareholders
------------------------------------------------
Date         EIHL Shareholders  EEH Shareholders
             (163.HK)           (296.HK)
------------------------------------------------
15 Dec 2010  Ex-entitlement 
             to distribution  
------------------------------------------------
20 Dec 2010  Record date for     Commencement of 
             entitlement         General Offer
------------------------------------------------
 5 Jan 2011  Special general     Special general 
             meeting             meeting
------------------------------------------------
19 Jan 2011                      Closure of 
                                 General Offer
------------------------------------------------
20 Jan 2011                      Ex-entitlement 
                                 to distribution
------------------------------------------------
24 Jan 2011                      Record date 
                                 for entitlement
------------------------------------------------
28 Jan 2011  Despatch of share   Despatch of share 
             certificates for    certificates for 
             distribution        distribution 
             (thru T4)           (thru T2)
------------------------------------------------
- End -

Press/Investor Enquiry
Ms. Anna Luk
Investor Relations Manager
Tel: +852-2835-6783
Tel: +852-6184-0181
Email: annaluk@emperor.com.hk

]]> newsroom@abnnewswire.net