Source - SMW
Asian Growth Properties is to seek shareholder approval to  de-register the company as an exempted limited liability company in the British Virgin Islands and re-register in Bermuda.  

The company says that recently, the British Virgin Islands came under a considerable amount of adverse publicity following the publication in early 2016 of a major leak of documents from a Panamanian law firm. 

It says: "A large number of people (including celebrities) have purportedly been suspected of using British Virgin Islands companies for tax avoidance and other illegitimate activities. Given this, the directors believe that a British Virgin Islands domicile may no longer be suitable for publicly listed companies."


At 9:46am: (LON:AGP) Asian Growth Properties Ltd share price was 0p at 38.5p



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Asian Growth Properties (AGP)

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