General Announcement::LANDLORD ACTION WITH REGARD TO LETTER OF DEMAND

Issuer & Securities

Issuer/ Manager
CHINA ENVIRONMENT LTD.
Securities
CHINA ENVIRONMENT LTD. - SG1Y42946521 - 5OU
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Oct-2016 18:28:50
Status
New
Announcement Sub Title
LANDLORD ACTION WITH REGARD TO LETTER OF DEMAND
Announcement Reference
SG161025OTHRKU2A
Submitted By (Co./ Ind. Name)
Remy Tan
Designation
Corporate Affairs Manager
Effective Date and Time of the event
25/10/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of China Environment Ltd (the "Company" and, together with its subsidiaries, the Group ) wishes to announce that pursuant to the Letter of Demand from Fujian Mintai Environmental Protection Co., Ltd (wholly-owned and controlled by the Group s Major Shareholder Mr Huang Min and his spouse, Landlord ) announced on 19 October 2016, the Landlord has locked the premises of Fujian Dongyuan Environmental Protection Co., Ltd.

Due to the lock-out, the Company is unable to access the office and all the accounting and financial records that are housed in the premises.

The Company is currently reviewing its options with its legal advisors

The Company will keep the shareholders informed on material developments

Attachments

CEL-FJMT%20lockout.pdf
Total size =118K