31/10/2008 02:02:00

Corgi International Limited Announces That Two of Its Wholly Owned United Kingdom Subsidiaries Have Been Placed into Administration

Corgi International Limited (Nasdaq GM:CRGI) today announced that

two of its wholly owned subsidiaries, Popco Entertainment (UK) Limited

(formerly Corgi Classics Limited) and Popco Distribution Limited

(formerly Cards Inc.), both United Kingdom (UK) corporations, have been

placed into administration, which is the rough equivalent to Chapter 11

reorganization in the United States. BDO Stoy Hayward LLP, Prospect

Place, 85 Great North Road, Hatfield, Hertfordshire, AL9 5BS, have been

appointed Joint Administrators of PopCo Entertainment (UK) Limited and

of PopCo Distribution Limited. The business and assets of the UK

companies are now managed by the Joint Administrators who act as agents

of the companies.

Corgi International Limited will continue to sell its products worldwide

through their operations in Hong Kong and the United States.

About Corgi International

Corgi International Limited is a global Pop Culture company, which

develops and markets innovative and high-quality licensed and

non-licensed toys, gifts and collectables distributed via direct,

specialty, hobby, collector and mass retail channels worldwide. Marketed

under the brand names Master Replicas, PopCo and H2go, the Companys

line of products range from premium entertainment prop replicas and

limited edition memorabilia to traditional toys and gift merchandise.

The Company holds varying licenses for many of entertainments

highest grossing franchises including Disney Classics, Harry Potter,

Star Trek, Nintendo, Halo and The Beatles, amongst others. Corgi

International Limited also has partnerships with cutting edge technology

innovators around the world.

The Company is headquartered in Hong Kong, with operations in Walnut

Creek, California, USA.

Safe Harbor

Statement under the U.S. Private Securities Litigation Reform Act of

1995: Certain statements contained in this press release may be

forward-looking. These statements are subject to risks and uncertainties

that could cause actual results to differ materially from those

anticipated. Such risks and uncertainties include, without limitation,

changes in market demand for Corgi International products, changes in

economic conditions, dependence on certain customers and licensing

partners, and other risks described in the Company´s annual report on

Form 20-F for the fiscal year ended March 31, 2008. The Company

undertakes no obligation to update these forward-looking statements to

reflect subsequent events or circumstances.

For Corgi International Limited

Jack Lawrence, 925-979-1500 ext. 111

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
26 Aug
VWS
Til Euroinvestor administrator! Jeg må forlange at Administrator forbyder pjneumann at deltage i deb..
106
27 Aug
 
I gamle dage, var der et sted hvor man kunne aflevere disse ønsker, men jeg ved ikke hvor det er nu,..
56
26 Aug
VWS
Skal vi ikke alle stoppe denne interne hån! Ingen kan lide at tabe penge, skulle vi ikke istedet giv..
39
09:32
VWS
  London baseret analytiker Pinaki Das fra Bank of America Merrill Lynch fik i denne uge skabt en st..
27
24 Aug
VWS
Så er Pokerchamp tilbage, friskere og stærkere end nogensinde før og skriveklar igen efter aftale me..
20
24 Aug
VWS
Kina er kommet med en offshore tarif fordi den kinesisk regeringen gerne ville fremme offshore wind ..
18
26 Aug
VWS
Det er geni-streg Bank of America i dag har lavet. De har fundet to argumenter til at skabe frygt på..
17
24 Aug
VWS
Kære Pokerchamp    Der hersker ingen tvivl om at mit og din syn på Vestas er to modpoler for øjeblik..
17
28 Aug
VWS
Et godt råd er ikke at overlade dine investeringer til anonyme "rådgivere" fra et forum som i den gr..
15
27 Aug
VWS
Hej kanonkaj   Er enig i, at der skal holdes en ordentlig tone... Men hvad synes du om ordlyden af o..
15

Tech Companies Send Criticism Along With NSA-Related Data -- Update

04/02/2014 00:06:00
By Danny Yadron Technology companies including Google Inc. and Microsoft Corp. released new figures on the amount of data requests they received from U.S. ..

U.S. Hot Stocks: Hot Stocks to Watch

03/02/2014 14:07:00
Among the companies with shares expected to actively trade in Monday's session is Herbalife Ltd. (HLF). Herbalife Ltd. (HLF) raised its fourth-quarter outl..

Pfizer Study Meets Primary Endpoints

03/02/2014 13:05:00
Pfizer Inc. (PFE) said Monday that a Phase 2 trial of its advanced breast cancer treatment met its primary endpoint. Pfizer said a study comparing the effec..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Stagecoach Group PLC : Result of AGM
2
TOUAX : First half 2014 revenue: €167.4 million (up 4.4 %); Net result (Group share): -€4.5 million; 13% reduction in indebtedness; 13% increase in shareholders' equity
3
Flowserve to Present at Barclays CEO Energy-Power Conference
4
Condensed Consolidated Financial Statements of the Housing Financing Fund for the first half of the year 2014
5
[Iliad Press Release ] First-Half 2014 Results
Euroinvestor around the globe: Euroinvestor.dk | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
30 August 2014 11:26:45
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20140825.1 - EUROWEB2 - 2014-08-30 12:26:45 - 2014-08-30 11:26:45 - 1000 - Website: OKAY