×

Arem Pacific Corporation Signs Definitive Acquisition Agreement With ChangSha GuoMao Entertainment Plaza

SCOTTSDALE, Ariz., July 25, 2014 (GLOBE NEWSWIRE) -- Arem Pacific Corporation (OTC:ARPC) today announced the signing of a Definitive Acquisition Agreement with ChangSha GuoMao Entertainment Plaza, a company in Hunan, China. Changsha Guomao Entertainment Plaza is a karaoke night club chain, with up-scale decors and a passion for the service. Changsha Guomao Plaza has a broad, established customer base, making it a prime opportunity for further expansions. This acquisition would help both companies to further solidify their relationships and enable Changsha Guomao to enter the US capital market.

Follow this link to view the signing ceremony: http://www.arempac.com/index.php/news/61

Website link: http://www.arempac.com

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The Company has no obligation to update these forward-looking statements.

CONTACT: Investor Contact: Thomas Tang 480-966-2020Source:Arem Pacific Corporation