/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TSX Venture: ABC
TORONTO, May 13 /CNW/ - Asia Bio-Chem Group Corp. (TSXV: ABC) today announced that it will release its first quarter results on May 15th, 2009 at approximately 11am eastern standard time. The Company will also hold a conference call to discuss its quarterly results hosted by Mr. Zhiping Wang, President and C.E.O, Mr. Robert Wilson, Executive Vice President, and Ms. Elaine Zhao, Chief Financial Officer. Details regarding the call are as follows:
Date: Friday, May 15, 2009
Time: 2:00 p.m., Eastern Time
Dial in number: 1-800-731-5774 or 416-644-3421
Taped Replay: 1-877-289-8525 or 416-640-1917
(available until May 29th, 2009)
Replay Pass Code: 21305265 followed by the number sign
About Asia Bio-Chem Group
Asia Bio-Chem Group, through its wholly-owned subsidiary in the Peoples Republic of China ("PRC") is in the business of manufacturing cornstarch and related products. From its plant in Liaoning Province, the Company produces approximately 270,000 tonnes of cornstarch, corn germ, gluten and fiber per year for sale into the domestic market in the PRC. The Company is currently constructing a second facility in Heilongjiang Province which, upon completion, is expected to triple production capacity.
This news release contains certain statements that may be deemed "forward looking statements". Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects,", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward looking statements, except as required by law, in the event that management's beliefs, estimates or opinions, or other factors, should change.
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