AIM - Schedule 1-Asia Resources plc

RNS Number:8353L
AIM
15 January 2008

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR
COMPANIES ("AIM RULES")

COMPANY NAME:
Asia Resources Plc

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :
Registered office - One St Paul's Churchyard, London EC4I 8SH

Trading address pre reverse takeover - 12 Clarence Walk, St George's Place, Cheltenham, GL50 3RG

Trading address post reverse takeover - 22 Jalan Serunai 16, Taman Klang Jaya, 41200 Klang, Selangor, Malaysia

COUNTRY OF INCORPORATION:
Incorporated in England and Wales under registered number 5857826

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
www.asiaresourcesplc.co.uk

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS
INVESTING STRATEGY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE
STATED:
Asia Resources is proposing to acquire the entire issued share capital of Lin Shoon Jewellers Sdn. Bhd ('LSJ')
The acquisition will represent a reverse takeover under Rule 14.

LSJ is one of the leading gold manufacturers and traders in Malaysia. Over the years, it has built a strong
reputation and goodwill among its suppliers and customers and the LSJ Group, as a whole, has evolved into a well
integrated unit which is now providing a complete range of products and services from gold bullion and jewellery
manufacturing to retailing.

Asia Resources intends to use LSJ as its principal trading subsidiary. It will also seek to expand its trading
operations through the acquisition of other assets, businesses or companies, primarily within the gold industry,
which can be integrated or are complimentary to LSJ. These companies or businesses are likely to be located in
Asia, Africa and Europe.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where
known, number and type of shares, nominal value and issue price to which it seeks admission and the number and
type to be held as treasury shares):
149,836,364 ordinary shares of 1p each, fully paid. Treasury shares: nil

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:
No capital raised on Admission. Market Capitalisation approx. £16.4 million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
50.40 per cent

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE
COMPANY) ARE OR WILL BE ADMITTED OR TRADED:
n/a

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known
or including any other name by which each is known):
Tiam Huat Lim,(Chairman)*
Lip Lin Tan, (Non-executive Director)
Dennis Vernon Edmonds, (Non-executive Director)**
Leong Peng Hoong,( Proposed Chief Executive Officer)
Leong Peng Kong, (Proposed Executive Director)
*Tiam Huat Lim will become Finance Director on completion following the EGM
** Dennis Vernon Edmonds will become non-executive Chairman on completion following the EGM

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE
AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each
is known):

% before admission %after admission

Lip Lin Tan 16.9 4.5
Tiam Huat Lim 4.2 1.1
Leong Peng Kong Nil 2.92
Leong Peng Hoong Nil 47.48
Madame Ah Hoon Choon 4.1 Nil
Miss Cheng Fong Lai 9.4 Nil
Mr Sing Lay NG 7.8 Nil
Miss Kim Chang Chong 6.9 Nil
Mr Alen Gim Khoon Lim 5.3 Nil
Mr Yew Kong Ling 8.7 Nil
Mr Yew Chong Ling 5.0 Nil
Mr Khing Ming Lok 6.4 Nil
Madame Alsima Binti Sarudin 4.2 Nil
Hitchens Harrison &
Co Placing Agent 6.9 Nil

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:
n/a

(i) ANTICIPATED ACCOUNTING REFERENCE DATE
(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED
(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:
(i) 31 December
(ii) 30 June 2007
(iii) 30 June 2008, 30 September 2008, 30 June 2009

EXPECTED ADMISSION DATE:
29 January 2008

NAME AND ADDRESS OF NOMINATED ADVISER:
Zimmerman Adams International Limited
12 Camomile Street
London
EC3A 7PT

NAME AND ADDRESS OF BROKER:
Hichens Harrison and Co. plc
Bell Court House
11 Blomfield Street
London
EC2M 1LB

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION
DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE
ADMISSION OF ITS SECURITIES:
The Admission Document will be available from Zimmerman Adams International Limited, 12 Camomile Street, London
EC3A 7PT and www.zimmint.com

The Admission Document will contain full details about the Applicant and the Admission of its securities.

DATE OF NOTIFICATION:
15 January 2008

NEW/ UPDATE:
New

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The company news service from the London Stock Exchange
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