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China Outdoor Media (0254) issues 150m and 60m warrants to Mr Kwok Ming Fai & Mr Huang Gui Dong respectively

Company announcement, 6-May-2009

We note that Mr Huang's company, Target Smart Ltd, was the purchaser in a major disposal by China Outdoor Media on 26-Nov-2008, when it sold First Union Ltd, which owned a property in Inner Mongolia, on 1-year payment terms. At the time, the owners of Target Smart Ltd (in the plural) were not disclosed.

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