|
Geo Genesis Group Limited / Ticker: GEOP / Market: PLUS
1st October 2008
Geo Genesis Group Limited (`Geo Genesis' or the `Company')
Signs Strategic Cooperation Agreement with Arbel Capital Group Ltd.
Geo Genesis Group Limited (PLUS: GEOP), an emerging markets advisory and
investment company, has expanded its global advisory reach following the
signing of a strategic cooperation agreement with Arbel Capital Group Ltd
(`ACG'), to provide corporate advisory and capital raising services to growth
companies primarily in the agricultural and technology sectors. With ACG's
focus on the Middle East, Africa and Europe, this agreement increases both
parties' international reach, compliments GGG's Chinese and US focussed
activities and should enable both parties to benefit from cross emerging market
investment and trade.
ACG, incorporated in Israel, specialises in providing a wide range of financial
and advisory services for emerging growth, technology-based companies,
primarily from Israel, to assist them in achieving their international
expansion potential with a focus on the Middle East, Africa and Europe. GGG,
whose expertise is focussed mainly on advising Chinese companies, believes that
the agreement has the potential to assist the development of strong strategic
relationships that will complement and diversify GGG's geographic reach.
GGG and ACG have agreed to cooperate on a biofuel transaction that brings
energy extraction technology to Ethiopia, where both parties will contribute
expertise in their individual markets and cooperate on project finance. Further
information on this deal will be provided once the due diligence and relevant
funding is concluded.
Roger Bendelac, Chief Executive Officer of the Company, said: "This agreement
is great news for our strategic development. ACG will provide its clients with
access to China while GGG enhances both its presence in the field of
alternative energies and its market opportunities in Europe and Africa.
The Directors of Geo Genesis accept responsibility for this announcement.
* * ENDS * *
For further information visit www.geogenesisgroup.com or contact:
Roger Bendelac, CEO Geo Genesis Group Limited Tel: +1 (917) 969 5475
John Bridges Orange Corporate Finance Tel: 020 3301 3356
Hugo de Salis St Brides Media & Finance Tel: 020 7236 1177
Chris Welsh St Brides Media & Finance Tel: 020 7263 1177
Notes to Editors
Geo Genesis Group Limited, a Marshall Islands registered company which listed
on PLUS in April 2008, operates as an investment vehicle and/or strategic
adviser to companies based and/or operating in emerging markets, primarily
focused in China, seeking to raise capital in the EU, Hong Kong and the United
States. Its key objectives are to generate revenue and/or acquire equity
positions in investee companies, advisory clients or assets in emerging
markets. The Company is also establishing various sector specific private
equity closed-end investment companies to invest in investee companies
directly.
END
|