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
23 May
ZEAL
Zealand Pharma havde i sammenhæng med deres Q1 resultat et web-cast, hvor ledelsen kommenterede på s..
30
20 May
 
Normal 0 21 false false false DA X-NONE X-NONE ..
30
21 May
 
”Verdensøkonomiens nuværende vigtigste sektor må være Kinas boligmarked. Der står 50 mio. lejlighede..
21
19 May
 
Hej alle,   Herunder er alle finanshusenes vurderinger og anbefalinger af C20 selskaber + de 'Large ..
20
22 May
VWS
BHE Renewables LLC, der er ejet af Warren Buffett's Berkshire Hathaway Energy og som for nyligt best..
15
25 May
VELO
Efter aflæggelse af Q1 2015 afholdt Veloxis en telefonkonference om resultatet og                 fo..
14
19 May
FING-B
Skulle der virkelig kun rød dag til for at du kom ud a hulen igen og startede din skræmmekampagne ig..
14
24 May
VWS
Hvis man ikke mere vil bruge dette forum, skal man så bede EI om at slette en???? Tænk, jeg troede m..
13
20 May
BAVA
Hej merkur. Først og fremmest gør det mig ondt at høre om din sygdom. Frygter det lort næsten lige s..
11
19 May
FING-B
Mac, jeg har netop skrevet, hvad jeg længe har tænkt om dig.   At jeg har skiftet alias, fordi jeg u..
11

Alliance Trust PLC : Dividend Declaration

26/05/2015 07:00:24
Dividend Declaration Alliance Trust PLC announces the declaration of a first interim dividend for the year ending 31 December 2015 of 2.5325 pence per share ..

Voting report relating to Talvivaara's draft restructuring programme submitted to the District Court

25/05/2015 13:06:21
Stock Exchange Release Talvivaara Mining Company Plc 25 May 2015 Voting report relating to Talvivaara's draft restructuring programme..

Notification of Transactions of Directors

22/05/2015 15:32:07
Intermediate Capital Group plc (the "Company") 22 May 2015 Notification of Transactions of Directors In accordance with the UK Financial Services Aut..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
AB Science announces issuance of a new U.S. patent for masitinib in the treatment of severe persistent asthma
2
Derivatives – New Strikes Stock Products 99/15
3
RomReal : First Quarter (Q1) 2015 Financial Results and Investor Presentation.
4
EPH First Quarter 2015 Trading Update
5
GLOBAL BIOENERGIES: MODIFICATION OF THE LIQUIDITY CONTRACT

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2015   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.
 
26 May 2015 10:26:28
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20150519.1 - EUROWEB6 - 2015-05-26 11:26:28 - 2015-05-26 10:26:28 - 1000 - Website: OKAY