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Referred by the Hiking Group 12.05.08
Geo Genesis Group Limited / Ticker: GEOP / Market: PLUS
12 May 2007
Geo Genesis to start advisory work on five projects
Referred by the Hiking Group
Geo Genesis Group Limited (PLUS: GEOP) ("Geo Genesis" or the "Company"), an
emerging markets advisory and investment company, announces that pursuant to
its co-operation agreement with the Hiking Group Co., Ltd ("Hiking Group") in
the People's Republic of China, Hiking Group has referred to Geo Genesis five
of its potential investment companies as initial advisory and investment
projects.
Steven Liu, President and Director of Qingdao China Partners Investment
Advisory Co. Ltd, a wholly owned subsidiary of the Company, has stated: "We are
pleased by this development which illustrates the substantial deal flow to be
expected from our close relationship with the Hiking Group."
About Hiking Group: Hiking Group, which is headquartered in Qingdao in the
People's Republic of China, was established in June 2002. It is a large
collective group which was formed by five trading companies at provincial
level. The Group currently has about 16,000 employees, more than 132
shareholding companies and companies under the direct administration of the
Group. Its business includes international trade, financial investment,
international logistics management and real estate development.
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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
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