Xinhua Sports & Entertainment Limited Announces AGM Voting Results
03 Novembro 2009 - 8:00AM
PR Newswire (US)
BEIJING, Nov. 3 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports &
Entertainment Limited ("XSEL" or the "Company"; Nasdaq: XSEL), a
leading sports and entertainment media company in China, announced
the shareholders' resolution adopted at its annual general meeting
held in Beijing. XSEL shareholders adopted the following resolution
proposed by the Company: Approval of the election of Zheng
Jingsheng and Harry Nam to serve on the board of directors until
such director's successor is duly elected or appointed. For more
detailed information regarding this resolution, please review the
Notice of 2009 Annual General Meeting posted at the website
http://www.xsel.com/en/investor-relations/ir-calendar/ . About XSEL
Xinhua Sports & Entertainment Limited ("XSEL"; NASDAQ: XSEL) is
a leading sports and entertainment media company in China. Catering
to a vast audience of young and upwardly mobile consumers, XSEL is
well-positioned in China with its unique content and access.
Through its key international partnerships, XSEL is able to offer
its target audience the content they demand -premium sports and
quality entertainment. Through its Chinese partnerships, XSEL is
able to deliver this content across a broad range of platforms,
including television, the Internet, mobile phones and other
multimedia assets in China. Along with its integrated advertising
resources, XSEL offers a total solution empowering clients at every
stage of the media process linking advertisers with China's young
and upwardly mobile demographic. Headquartered in Beijing, the
company employs more than 1,000 people and has offices and
affiliates in major cities throughout China including Beijing,
Shanghai, Guangzhou, Shenzhen and Hong Kong. Xinhua Sports &
Entertainment Limited's shares are listed on the NASDAQ Global
Market (NASDAQ:XSEL). Safe Harbor Statement This announcement
contains forward-looking statements. These statements are made
under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," 'confident' and similar statements. Among other
things, quotations from management in this announcement contain
forward-looking statements. Statements that are not historical
facts, including statements about XSEL's beliefs and expectations
are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties that could cause actual results to
differ materially from those contained in any forward-looking
statements. Potential risks and uncertainties include, but are not
limited to, risks outlined in XSEL's filings with the U.S.
Securities and Exchange Commission, including its annual report on
Form -20-F. All information provided in this press release is as of
the date hereof, and XSEL undertakes no duty to update such
information, except as required under applicable law. For more
information: Media Contact Joy Tsang XSEL Tel: +86-10-8567-6050;
+86-136-2179-1577 Email: IR Contact Edward Liu XSEL Tel:
+86-10-8567-6061 Email: Howard Gostfrand American Capital Ventures
Tel: +1-305-918-7000; toll free +1-877-918-0774 Email: DATASOURCE:
Xinhua Sports & Entertainment Limited CONTACT: Media Contact,
Joy Tsang, XSEL, +86-10-8567-6050 or +86-136-2179-1577, or , or IR
Contact, Edward Liu, XSEL, +86-10-8567-6061, or ; or Howard
Gostfrand of American Capital Ventures, +1-305-918-7000 or toll
free +1-877-918-0774, or , for XSEL Web Site:
http://www.xsel.com/en/investor-relations/ir-calendar
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