Hong Kong, 5 August 2014: Leading Chinese mobile commerce company 99 Wuxian Limited
(ASX:NNW) (“99 Wuxian” or the “Company”) is pleased to advise it has initiated a strategic review (the “Review”) to assess its listing structure and location.
Strategic Review
The Board and Management of 99 Wuxian have initiated the Review to assess 99 Wuxian’s current listing structure and location, including consideration of a potential listing on an alternative international exchange. The Company believes it is important to improve access to global capital markets to deliver its long-term growth strategy by broadening its investor base, increasing market awareness of the Company and accessing international technology investors.
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