HONG KONG, Aug. 25 /CNW/ -- SWA REIT and Investments Ltd ("SWA") (Vienna
Stock Exchange: SWA.VI) announces that its Board of Directors has voted to
dissolve the company. This is being completed as part of the plan in
conjunction with the merger with Mass Financial Corp. ("Mass").
On July 7, 2008, our shareholders approved a merger with Mass that was
announced on July 8, 2008 by way of an asset for shares swap agreement
Shareholders will vote on the liquidation on September 12, 2008.
SWA will withdraw its quotation for its Austrian Deposit Certificates
(ADCs) from the third market of the Vienna Stock Exchange.
SWA President Michael Smith comments: "With the merger with Mass, there
is no need to keep SWA as an empty company with the ongoing expenses."
Corporate Address: Suite 803, 8/Fl, Dina House
11 Duddell Street
Central, Hong Kong SAR, China
Tel: (852) 2840-1230
Fax: (852) 2840-1260
North America Contact: Rene Randall
Tel: 1 (604) 683 8286
Fax: 1 (604) 683 3205
For further information:
For further information: Rene Randall, +1-604-683-8286, fax,
+1-604-683-3205, email@example.com, for SWA Reit and Investments Ltd