GCL-Poly Energy Holdings Limited Stock Market Press Releases and Company Profile

View in Other Languages GCL-Poly Energy Holdings Limited (HKG:3800) Clarification On Mr. Zhu Gong Shan's Recent Share Transfer 保利協鑫(HKG:3800)澄清有關朱共山先生轉讓股份之事宜 保利协鑫(HKG:3800)澄清有关朱共山先生转让股份之事宜 
GCL-Poly Energy Holdings Limited (HKG:3800) Clarification On Mr. Zhu Gong Shan's Recent Share Transfer
GCL-Poly Energy Holdings Limited (HKG:3800) Clarification On Mr. Zhu Gong Shan's Recent Share Transfer

Hong Kong, Oct 2, 2009 AEST (ABN Newswire) - Mr. ZHU Gong Shan, Executive Director, Chairman and CEO of GCL-Poly Energy Holdings Limited (HKG:3800), wishes to clarify that his recent transfer of 58,125,000 of GCL-Poly's shares on 24 September 2009 was pursuant to an option exercised by MS China 3 Limited (a wholly owned subsidiary of Morgan Stanley) to receive shares instead of cash consideration under a Supplemental Agreement entered on the 10th of July 2007 as disclosed in the IPO Prospectus of GCL Poly dated 31st October 2007.

This share transfer does not in any way reflect upon Mr. Zhu's outlook of GCL-Poly's business operations. Mr. Zhu remains optimistic that the renewable energy industry will bring about significant business opportunities going forward and he is confident that GCL-Poly is well-positioned to take advantage of such opportunities.

Contact

Press Enquiry:
GCL-Poly Energy Holdings Limited:

Mr. Zhou Jiangbo
Tel: +852-3761-3120
Email: zhoujiangbo@gcl-power.com.hk

Ms. Stephanie Lau
Tel: +852-3761-3145
Email: stephanielau@gclsolarenergy.com

Porda International (Finance) PR Group

Ms. Harriet Lau
Tel: (852) 3150 6761
Email: harriet.lau@pordafinance.com.hk

Ms. Sharis Siu
Tel: (852) 3150 6771
Email: sharis.siu@pordafinance.com.hk

Ms. Ada Leung
Tel: (852) 3150 6732
Email: ada.leung@pordafinance.com.hk


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