London Asia Chinese is to be launched by China focused investment group London Asia Capital to invest in private equity opportunities in China. First trading day 15/03/06. Comments
ps This is not London Asia Cap, this will be a new company

chekout their profile,they are going places. take a look at their company anouncements.

chesneywilliam , not correct chart. That is for London Asia Capital (LDC), this company is new.... could have fantastic potential... but know nothing about it

LDC get 2% annual fee based on net asset value of the fund. as it is nearly sold out that should mean 1mn coming ldc way plus any performance fee. personally I would go for ldc for now, but the fund performance could be very interesting in its own right.

This stock will be trading tommorrow, then I will start a new thread, with charts and proper links, have a good feeling on this stock... hopefully this could be a nice little gem.... mind you i know nothing of this company appart from the above. Any company that invests in China should have massive potential... Let us see.. Do your own reseach befor investing please

More info....

Edited Press Release

LONDON -(Dow Jones)- London Asia Chinese Private Equity Fund whose objective is to provide shareholders with capital growth from investing in a portfolio of companies whose business operations are based in China, said Wednesday that it plans to float on AIM on March 15.

The company plans to issue up to 50 million Ordinary shares of 1 pence each at 100 pence per Ordinary share and raise up to GBP50 million.

The company will seek to invest in profitable, well-managed businesses whose business operations are based in China, and which the executive directors believe could generate significant growth in profits from the investment of additional capital.

The company would normally expect to take a stake of between 10% and 40% of the investee company with a shareholder agreement governing the financing and expansion strategy of the investee company, it said.

It is expected that the company will not invest more than 20% by value of the company's gross assets (at the time of the acquisition or loan) in any one group, although there is no guarantee that this will always be the case.

There is a thread for LDC, been talking to myself for a while in which time sp up by over 20%. Alot more to come from LDC with widespread portfolio of companies in growth area.

this is not LCD,,,, it is LCP

Checked on the LSE and there is a epic with LCP,so it looks like it will start trading this morning !!!

Mega...

this could be a real good one... wait and see