Ambow Education Holding Ltd. ("Ambow") Shareholder Comments on Grand Cayman
Court Order Appointing Provisional Liquidators
GRAND CAYMAN, Cayman Islands, June 10, 2013
GRAND CAYMAN, Cayman Islands, June 10, 2013 /PRNewswire/ --As previously
announced, GL Asia Mauritius II Cayman Ltd. ("GLAM II") filed a petition in
the Grand High Court of the Cayman Islands (the "Court") concerning Ambow. On
June 7, 2013, the Court issued an order appointing provisional liquidators
over Ambow. As a shareholder of Ambow, GLAM II is pleased that the Court has
appointed provisional liquidators and believes that this is an important first
step in achieving the long term viability and profitability of Ambow.
Contact for GL Asia Mauritius II Cayman Ltd.:
Kekst and Company
SOURCE GL Asia Mauritius II Cayman Ltd.
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