Results of Annual and Special Meeting for KHD Subsidiary
26 Mai 2007 - 1:50AM
PR Newswire (US)
HONG KONG, May 25 /PRNewswire-FirstCall/ -- KHD Humboldt Wedag
International Ltd. (NASDAQ:KHDH) ("KHD") announces that Sasamat
Capital Corporation ("Sasamat") (Pink Sheets: SSALF), held its
Annual and Special Meeting today and received approval for the
arrangement (the "Arrangement") with KHD. The Arrangement provides
for the acquisition by KHD of all of the outstanding common shares
of Sasamat, not already owned by KHD, pursuant to a plan of
arrangement. Upon consummation of the Arrangement, Sasamat will
become a wholly-owned subsidiary of KHD. KHD and Sasamat expect to
apply to the Supreme Court of British Columbia on May 29, 2007 for
a final order to approve the Arrangement. About KHD Humboldt Wedag
International Ltd. KHD Humboldt Wedag International Ltd. (the
"Company") owns companies that operate internationally in the
industrial plant engineering and equipment supply industry, and
specializes in the cement, coal and mineral industries. To obtain
further information on the Company, please visit our website at
http://www.khdhumboldt.com/ Contact Allen & Caron Inc
Information: Joseph Allen (investors) (212) 691-8087 or Len Hall
(media) (949) 474-4300 Rene Randall KHD Humboldt Wedag
International Ltd (604) 683-8286 DATASOURCE: KHD Humboldt Wedag
International Ltd. CONTACT: investors, Joseph Allen,
+1-212-691-8087, , or media, Len Hall, +1-949-474-4300, , both of
Allen & Caron Inc, for KHD Humboldt Wedag International Ltd.;
or Rene Randall of KHD Humboldt Wedag International Ltd.,
+1-604-683-8286, Web site: http://www.khdhumboldt.com/
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