Shanghai Century Acquisition Corporation (AMEX:SHA) announced today that
the time period for Kevin Ma to determine whether to proceed with the
acquisition of Asia Leader Investments Limited and its subsidiary, New
Goal International Limited, has been extended to 12 p.m. EST on Monday
April 28, 2008 from 2 p.m. EST on April 25, 2008.
The proposed acquisition of Asia Leader and its subsidiary New Goal is
subject to approval of Shanghai Century´s
shareholders at The Annual and Extraordinary Meeting of Shareholders
scheduled to be convened on Monday, April 28, 2008 at 10:00 a.m., New
York time. The April 28, 2008, meeting will take place at the offices of
Loeb & Loeb LLP, 345 Park Avenue, 18th Floor, New York, New York 10154.
About Shanghai Century Acquisition Corporation
Shanghai Century Acquisition Corporation was formed for the purpose of
acquiring, through a share exchange, asset acquisition or other similar
business combination, or control through contractual arrangements, an
operating business having its primary operations in China. In April 2006
the Company raised US$115 million through an initial public offering on
the American Stock Exchange. Shanghai Century Acquisition Corporation´s
principal offices are in Hong Kong.