SCOTTSDALE, Ariz., Oct. 17, 2013 /PRNewswire/ -- Arem
Pacific Corporation ( OTC: "ARPC") today announced it has signed a
definitive agreement with the city of Changde in
Hunan, China, to develop a lake
side resort. The lake, Liuyehu, is rated AAA for tourism in
China and is three times the size
of West Lake in Hangzhou. AREM has
secured a prime lake side land of about 290 acres to develop a
resort that offers water, land and air recreational sports and
upscale convention and lodging facilities.
Thomas Tang, president,
commented, "Our management team is in China right now to work on this lakeside
resort; in addition, we are doing due diligence on a couple other
opportunities in mining and retailing businesses."
Website link: http://www.arempac.com
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Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Forward-looking information
is inherently subject to risks and uncertainties, and actual
results could differ materially from those currently anticipated
due to a number of factors, which include, but are not limited to,
risk factors inherent in doing business. Forward-looking statements
may be identified by terms such as "may," "will," "should,"
"could," "expects," "plans," "intends," "anticipates," "believes,"
"estimates," "predicts," "forecasts," "potential," or "continue,"
or similar terms or the negative of these terms. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. The Company has no
obligation to update these forward-looking statements.
SOURCE Arem Pacific Corporation
