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CCH International plc - exceptional growth from a little known company (CCH)     

affc21 - 22 Oct 2006 21:30

CCH International is a publicly listed company on the Alternative Investment Market (AIM) of the London Stock Exchange, trading under the symbol CCH. CCH International was established by a team of trade finance specialists and brokers with the aim of providing a range of trade finance products to institutions and corporations wishing to raise finance or to sell on trade receivables either through conventional or Islamic means or through its internet based brokerage facility www.cch-etrade.com.

CCH International offers a variety of trade finance facilities including the purchase of short term trade receivables, forfaiting, the discounting of promissory notes, issuance and discounting of letters of credit, back to back letters of credit, deferred payment letters of credit, discounting bills of exchange , asset backed finance and internet based trade finance broking. CCH International is also a specialist in Islamic Finance and can arrange for Morahaba, Ijara, Istisna and other compliant facilities.

CCH International has offices in England and Germany, as well as strategic relationships in Australia, Bahrain, UAE, Turkey, Iraq and the USA.

http://www.cch-international.com/


Chart.aspx?Provider=EODIntra&Code=CCH&Si



Financial calendar (not up and running as yet):

http://www.cch-ir.com/content/investor/financial_calendar.asp

Presentation of 2006 Interim Results (PPT - 1.3MB):

http://www.cch-ir.com/PDF/InterimsPresentationSeptember%202006.ppt#257,2,Presentation Team

2006 Interim Report (PDF):

http://www.cch-international.com/PDF/CCHInterim18.09.06.pdf



Bluelady - 19 Jun 2007 16:15 - 81 of 94

Date: Tuesday 19 Jun 2007

LONDON (ShareCast) - Trade finance group CCH International, which specialises in Islamic finance, said 2006 was a year of great success as profits surged.

The group, which was the fourth best performing stock on AIM in 2006, saw pre-tax profit for the year to December surge to 3.8m from 690,000 last year. Turnover rose 293% to 19.1m from 4.8m for the 14-month period to December 2005.

It continues to offer innovative Sharia-compliant trade finance products, the demand of which remains unabated, said the group.

CCH is a tightly held stock but the group is taking steps to increase investor appeal and liquidity.

In a telephone interview, finance director Patrick Kennedy said CCH has released shares through its German subsidiary and listed on Plus Markets. Liquidity could also improve with possible future acquisitions, he added.

He said the company will look to grow organically, through strategic acquisitions and by taking small positions in companies with high growth prospects.

The acquisition of CCH Investment Consultants EC has provided an opportunity to further develop its business in the Middle East.

CCH is now well positioned to maintain its strong earnings growth and I look forward with confidence to the future, said chairman Ian Salter.

Kivver - 30 Aug 2007 13:09 - 82 of 94

Can anyone explain why it has been suspended. The company say the answer is on this page below but i havent got spare month (why do companies always make life so difficult for investors) to go through it and find the answer. cheers.

http://www.cch-international.com/content/investor/welcome_aim.asp

moneyplus - 30 Aug 2007 13:16 - 83 of 94

Kivver the reason is a reorganisation of the borrowings the guess on the other side is that the amount of business is growing so rapidly they need financial backing in the billions now rather than mere millions!! nice thought I hope it's right.

Kivver - 30 Aug 2007 15:47 - 84 of 94

thanks moneyplus, no need to panick then!!!!! phew!

moneyplus - 30 Aug 2007 17:47 - 85 of 94

could be the developing stages of a global giant---I've got everything crossed!

Kivver - 07 Sep 2007 12:44 - 86 of 94

When is it likely to be re-emitted to the market????

moneyplus - 07 Sep 2007 13:25 - 87 of 94

AGM in 2 weeks---trouble from investors on the other side if nothing comes out then to cheer us up!!

Bluelady - 21 Sep 2007 16:07 - 88 of 94

Kivver, news from their website.

Re Suspension
19 September 2007


On 16 August 2007 trading in the Companys shares on AIM was suspended following an announcement that the Company was in discussions regarding certain of its funding lines. These discussions were necessitated as a result of one of the Companys funding banks (the First Bank) indicating that it intended to terminate agreements with the Company and CCH Europe GmbH (GmbH), CCHs principal subsidiary, following a review which revealed that some US$350 million of lending advanced by GmbH was not applied in short term receivables but in longer term investments. The First Bank demanded immediate repayment of funds (totalling approximately US$500 million) advanced under those agreements by the First Bank on its own behalf and on behalf of a second bank for which it was acting as agent (the Second Bank). In view of the threat of disruption and uncertainty caused to the Groups business by these developments, the Board decided to request suspension of trading in its shares.

Confidential negotiations to conclude an agreement with the banks for repayment of the funds over a three year period are at an advanced stage. On 19 August 2007 the Company and GmbH, amongst others, concluded an agreement with the First Bank. This agreement is conditional on a number of matters including arrangements being reached with the Second Bank, which arrangements remain subject to ongoing negotiations.

In connection with the above arrangements on 18 August 2007, in order to protect the Companys assets, CCH entered into an agreement to sell GmbH to Eren Nil, CCHs Chief Executive Officer and the sole director of GmbH, for US$1 with an option to re-purchase GmbH for US$1 at any time up to three years and six months from the date of the agreement. This agreement may be rescinded by CCH in the event that approval of the transaction by the shareholders of CCH is not obtained by 30 September.

The Company is not currently in a position to send a circular to shareholders convening a meeting to seek their consent to the disposal of GmbH to Eren Nil, a related party, as required by the AIM Rules.

The Company is not yet in a position to ascertain the full impact of recent events on its future prospects but it is unlikely that business activity in the short term will be sustained at levels previously reported.

A further announcement will be made as soon as possible.

Bluelady - 21 Sep 2007 16:12 - 89 of 94

Moneyplus,

Found this with regards to the AGM

CCH International wishes to announce that the Group's AGM, which was scheduled
for the 19 September, was adjourned until further notice.

moneyplus - 21 Sep 2007 20:22 - 90 of 94

suspect this is the fallout from the banks lending to each other and now they are feeling the squeeze. They've demanded the money back after CCH have financed their deals. CCH have lent out long term-the banks say the money was short term finance and the penalty is instant repayment. I don't know if the action CCH have taken will save them-they are trying to negotiate a 3 year repayment deal while in suspension. The co. is badly damaged even if they get through this.

moneyplus - 21 Sep 2007 20:23 - 91 of 94

Thanks anyway Blue lady---I'm blue too!

Bluelady - 04 Oct 2007 22:58 - 92 of 94

No problem moneyplus :0). This is the latest news.

CCH International plc
04 October 2007


Press Release 4 October 2007


CCH International Plc


('CCH' or 'the Company')

Agreement with principal Bank

Further to the Company's announcement on 16 September, the Company announces that it has concluded an agreement ('Agreement') with its principal bank ('Bank') in relation to the repayment of funds owed to the Bank over a three
year period.

Pursuant to the Agreement, entered into with inter alia, the Bank and CCH Europe
GmbH ('GmbH') the Company acknowledged its debt to the Bank of US$50m and
guaranteed the obligations of GmbH to the Bank up to a maximum liability of
US$100m. In return, the Bank released the Company from any other claims that
the Bank may have had against the Company with regard to funds advanced
principally to GmbH by the Bank. In addition, GmbH has agreed to pay all sums it
owes the Bank and has guaranteed the obligations of the Company to the Bank
pursuant to the Agreement.

A further announcement will be made in due course in relation to the agreements
entered into with the managing director and majority shareholder, Eren Nil.



moneyplus - 05 Oct 2007 10:20 - 93 of 94

seems as though the banking situation is calming down generally and this one has decided to be sensible and honour it's 3 year agreement rather than push the co. under and lose the lot!! Trading was very strong and I would now hope after a period of preparation and finding a new nomad CCH will return to market. The sp will take a knock but long term I'm hoping this one will still be a good investment.

Bluelady - 25 Oct 2007 00:01 - 94 of 94

:0( latest news.


Press Release 24 October 2007


CCH International plc

('CCH' or 'the Company')

Cancellation of trading


CCH wishes to announce that, in accordance with Rule 1 of the AIM Rules, at 07:
00 on the 25 October, the admission of the Company's shares to trading on the
AIM Market will be cancelled as the Company has been unable, within the required
period of one month, to find a nominated adviser to replace its previous
nominated adviser who resigned with immediate effect on 24 September 2007.

The board of directors of the Company ('Board') is currently exploring a number
of options relating to the future of the Company and will select the option
that, in the opinion of the Board, is in the best interests of the shareholders.
It is expected that the review of these options will be completed in the near
future and that shareholders will then be advised accordingly.


- Ends -



For further information, please contact:
CCH International Plc
Ian Salter, Non-Executive Chairman Tel: +44 (0) 20 8334 0871

info@cch-international.com

www.cch-international.com
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