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Interest of 1.77% from NY-based Funds

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jennlsk     31-Oct-2007 12:46  
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Singapore, 26 October 2007 - Sesdaq-listed Global Ariel Limited ("Global Ariel" or the "Group"), the largest ready-mixed concrete producer in Suzhou and among the top five in China, has announced that funds managed by a New York-based fund manager, D.B. Zwirn & Co., L.P., had subscribed for 29,400,000 new ordinary shares in Global Ariel, amounting to a 1.77% stake in the Group.
 
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