Asia Pacific Energy Development Co. Ltd.(APED) is a company incorporated under the laws of the Cayman Islands. The Company was formed in 1994 by a group of prominent industrial and investment entities in Taiwan to pursue emerging opportunities in power plant development and other energy infrastructure-related businesses in Asia Pacific. Its business philosophy is to develop, acquire, finance, construct, own and operate electric power generation facilities and other energy-related infrastructure projects.
The listing of APED has been sponsored by Matheson Investment Management (Bermuda) Limited.
The BSX was established in 1971 and is now the world's premiere offshore electronic securities market. Over 180 equities, bonds, Mutual Funds and warrants are now listed on The BSX with a total market capitalization in excess of $37 billion. The BSX's Mezzanine Market offers a unique listing opportunity for Hi-Tech and start-up stocks which are restricted to professional investors at a much earlier stage than domestic stock markets.
William Woods CEO of The BSX stated, "We are excited with the listing of the APED shares as it brings the first of potentially many China direct investment vehicles to our unique Mezzanine Market. We believe the investment opportunities in the Asian region are numerous, particulary in China, and we are very keen to provide a complementary service to these privately funded companies to increase their profile for future development and capital needs."
"We believe the Mezzanine Market is another area of potential growth for the exchange and are actively marketing to both domestic and offshore Issuers. By listing on The BSX a new or existing privately held company can benefit by raising their visibility, particulary if they are considering a public offering within a few years."
Company information is available on the Bloomberg at APED.BH
For additional information on The BSX, please call Robin H. McPhee, 441-292-7212 or e-mail info@bsx.com or visit www.bsx.com.