PAQ Paq Intl

 

TIDMPAQ 
 
RNS Number : 8782N 
PAQ International Holdings Limited 
25 February 2009 
 

25 February 2009 
 
PAQ International Holdings Limited ("PAQ") 
Framework Agreement for a new Joint Venture with Fobazo 
 
PAQ has entered into a framework agreement for a new Joint Venture ("New JV") 
arrangement with Fobazo (www.fobazo.com). PAQ has created a new company called 
PAQ Concept Limited (BVI) to hold their 51% interest in the New JV. The New JV 
is subject to finalization and due diligence. 
The New JV will focus on the exclusive media and events rights ("Rights")for all 
existing and future signed football players that Fobazo currently represent 
including Ryan Miguel Guno ("Babel"), Cícero João de Cézare ('Cicinho'), Roberto 
("Mancini"), Luís Fabiano Clemente, Christian Bager Poulsen, ("Ronaldo") Luis 
Nazário de Lima, Hugo Morais, Rafael van der Vaart, Wensley Sneijder, John 
Gijsbert Alan Heitinga, Clarence ("Seedorf"), Robson de Souza ('Robinho'), 
Anderson Luis de Souza ('Deco'), Anderson Luís de Abreu Oliveira, and Samuel 
("Eto'o"). 
The Rights extend to Mainland China, Hong Kong, and Taiwan ("Greater China") 
markets. This will entitle the New JV to access soccer players for promotional 
and sponsorship events in Greater China. Moreover,  the New JV will own the 
Chinese version of Fobazo.com ( www.fobazo.com ) which is intended to be the 
exclusive official website for all signed players. 
The New JV will compliment the Joint Venture announced 9 January 2009 
effectively allowing PAQ the exclusive rights for production, distribution and 
retail of the image of the footballers and their signature across a range of 
products including PAQ merchandise. 
 
 
 
PAQ International Holdings                Tel: +852 9135 1811 
Kelvin Yau, Chief Executive www.paq-intl.com 
Dennis Ow 
 
 
Zimmerman Adams               Tel: +44 (0) 20 7060 1760 
Dominique Doussot/Jonathan Evans www.zimmint.com 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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