Orient Venture Capital Inc.
TSX VENTURE : OVC.P

Orient Venture Capital Inc.

December 29, 2009 14:43 ET

Orient Venture Capital Inc. Announces Termination of Proposed Qualifying Transaction

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 29, 2009) - Orient Venture Capital Inc. (the "Company"), a Vancouver based capital pool company listed on the TSX Venture Exchange Inc. (the "Exchange") (TSX VENTURE:OVC.P) announces that the proposed Qualifying Transaction with Guangdong Jinhao Motorcycle Co., Ltd. ("Jinhao") and HK U-Harbour Group Co., Ltd. has been terminated.

The Company will be actively seeking an alternative Qualifying Transaction and will announce the details of a new Qualifying Transaction as soon as it has been determined.

ON BEHALF OF THE BOARD

Min Kuang, CEO and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Orient Venture Capital Inc.
    Min Kuang
    Chief Executive Officer
    (604) 689 0618
    (604) 689 0628 (FAX)