Typical CDU announcement. They do not have a listing but are starting the application process.
HONG KONG DUAL LISTING
The Company is pleased to announce that CuDeco has appointed the Management Team
which includes independent professional advisors in Hong Kong for the listing of CuDeco
Ltd Securities onto the Main Board of the Hong Kong Stock Exchange. The Board considers
such professional advisors are of significant experience and qualification to assist the
Company in its proposed listing on the Hong Kong Stock Exchange. The listing in Hong
Kong will be a dual listing for CuDeco which will allow trading of CuDeco securities on both
the Australian and Hong Kong Stock Exchanges. The Company does not intend to raise any
fresh equity from the Hong Kong listing.
This new chapter in CuDeco’s history has always been a focus of the Company’s long-term
plans and goals.
The dual listing for CuDeco in HK will open new avenues and allow CuDeco to pursue
future opportunities in Australia and elsewhere, as we move forward to develop CuDeco long
term plan by developing our Company into a major mining house. Hong Kong is the financial
hub of Asia and the listing will position the company on a major global platform providing
access to global institutional investors wanting to take advantage of the potential
opportunities in the mining and metals industry in Australia during these times.
Shareholders of CuDeco can, at their own decisions have their securities listed in Hong Kong
or Australia and can buy and sell CuDeco securities through your Australian or Hong Kong
Stockbroker. A detailed explanation will be sent to all CuDeco shareholders as we get closer
to the listing date.
The Companies and Independent Professional Advisors have been formally appointed and
mandated to assist as required under the guidance of the appointed and mandated teams for
the Listing of the CuDeco Ltd Securities on the Main Board of the Hong Kong Stock
Exchange
.
A copy of the Prospectus will be made available to current shareholders on completion of the
final printing of the document and lodgement and approval from the HKSE and Regulators.
CDU Price at posting:
$1.95 Sentiment: None Disclosure: Held