ARC Capital Holdings Limited Appointment of Consultant to the Board (9088C)
21 Marzo 2014 - 12:36PM
UK Regulatory
TIDMARCH
RNS Number : 9088C
ARC Capital Holdings Limited
21 March 2014
ARC Capital Holdings Limited
Appointment of Consultant to the Board
ARC Capital Holdings Limited ("ARCH" or the "Company") (AIM:
ARCH), is pleased to announce today the appointment of Borrelli
Walsh Limited ("Borrelli Walsh") as Consultant to the Board with
immediate effect.
Borrelli Walsh is a specialist restructuring, insolvency,
forensic accounting and corporate advisory firm with a strong track
record of managing distressed, complex or illiquid investments on a
single-asset and portfolio basis, including in respect of the exit
from and divestment of investments in Hong Kong, China and Asia
Pacific region.
The Company adopted a realisation strategy on 31 January 2012
and has generated US$127.7 million in proceeds from the sale of
assets since that time. The Board believes Borrelli Walsh will
bring significant experience and value to the Company in the
realisation of the balance of the Company's portfolio and
maximising returns to the shareholders.
For more information please contact:
ARC CAPITAL HOLDINGS LIMITED:
Steve Feniger, Chairman of the Board
E: steve.feniger@gmail.com
NOMINATED ADVISER:
Philip Secrett, Grant Thornton UK LLP
T: (44) 20 7383 5100
E: Philip.J.Secrett@uk.gt.com
BROKER:
David Benda / Hugh Jonathan, Numis Securities Limited
T: (44) 20 7260 1000
F: (44) 20 7260 1001
E: d.benda@numiscorp.com
MEDIA RELATIONS:
Ingrid Cheng, Strategic Financial Relations Limited
T: +852-2864 4836
E: ingrid.cheng@sprg.com.hk
David Masters, Lansons
T:+44 (0)7825 427514
E: davidm@lansons.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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