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| Outstanding Results Achieved in Six Months; Gains Recognition in the Capital Market |
HONG KONG, Nov 30, 2015 - (ACN Newswire) - Good Resources Holdings Limited ("Good Resources" or the "Group", Hong Kong stock code: 109), an international investment platform, is pleased to announce that the Group has been included as a constituent of the Morgan Stanley Capital International ("MSCI") Hong Kong Small Cap Index, with effect from November 30, 2015 (today) after trading hours.
MSCI was established nearly half a century ago, and is the first benchmark supplier in the world. Its MSCI Index is one of the most widely used benchmark indices among international investors, covering 23 developed nations and 27 emerging markets including Europe, the U.S., Australia, New Zealand, Southeast Asia, Japan, Korea, and China. MSCI also compiles country-specific indices, value indices and growth indices, small-cap indices, expansion indices, and a series of Chinese indices.
These indices collect and analyze data on the number of listed and unlisted shares, holders, public float and liquidity of public companies around the world. After considering its scale, market value, operating sector, monthly trading volume and ratio, a company is included in the MSCI Index if it is deemed to have sufficient market capitalization.
Mr. Sonny Wu, Chairman of Good Resources, said "The Group has an efficient and professional investment team. It has been around six months since the completion of the Group's restructuring, and we have already realized numerous achievements within the industry. This includes the investment of Airspan, a global leader in providing cutting edge high capacity 4G small cell wireless solutions to global telecom carriers; the holding of Myanmar optical fiber network GOLDEN 11 and possession of exclusive rights to operate as a mobile virtual network operator (MVNO) in Southeast Asia; and cooperation with the Government of Gibraltar to develop internet finance. Being included as a constituent of the MSCI Hong Kong Small Cap Index indicates that our unique business model has successfully attracted attention of the capital market. The Group will therefore continue to leverage the strengths of its international capital platform to invest effectively and inject capital into emerging industries around the world, so as to create more synergies with the capital market."
Contact:
Good Resources Holdings Limited
Ms. Lydia Zhong Tel: (852) 2587 5509 Email: lydiazhong@hkex109.hk
Strategic Financial Relations (China) Limited
Ms. Karen Hung Tel: (852) 2864 4845 Email: karen.hung@sprg.com.hk
Ms. Karen Li Tel: (852) 2864 4874 Email: karen.li@sprg.com.hk
Fax: (852) 2527 1271
Topic: Press release summary
Source: Good Resources Holdings Ltd
Sectors: Daily Finance
https://www.acnnewswire.com
From the Asia Corporate News Network
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