China Holdings Acquisition Cor (HOL)

The GeoTeam is analyzing the make good assumptions tied to the acquisition agreement with Bright World.  More details will be available shortly.

Source: PR Newswire (July 21, 2008)

HOL has agreed to acquire Bright World Precision Machinery Limited.  Bright World is an established Chinese manufacturer of conventional and high-performance metal stamping machines that serves industrial companies in rapidly growing manufacturing sectors -- automotive, home electrical appliances and computer and telecommunications -- that cater to China's expanding consumer middle class. Bright World shares have been listed on the Singapore Exchange Securities Trading Limited since April 27, 2006.

Source: PR Newswire (July 21, 2008)