May 20 (Reuters) - Garrison International Ltd:
* Unauthorized transfer of company subsidiary
* On January 21, company stamp for Garrison Asia llc, was taken without the
knowledge or permission of co
* On February 6, his stamp was used to transfer the ownership of the shares of
Garrison Asia llc away from the company.
* Says until this matter is resolved the company has no active operations.
* Says stamp was used to improperly confirm that co approved transfer of shares
of Garrison Asia llc away from co
* Says board of directors remains unchanged and the company's transfer agent
remains in place
* Matter was reported to mongolian police who conducted an investigation and
interviewed those involved
* Discussions are underway between accused,co to reach deal to transfer shares
of Garrison Asia back to co
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Unauthorized transfer of company subsidiary
* On January 21, company stamp for Garrison Asia llc, was taken without the
knowledge or permission of co
* On February 6, his stamp was used to transfer the ownership of the shares of
Garrison Asia llc away from the company.
* Says until this matter is resolved the company has no active operations.
* Says stamp was used to improperly confirm that co approved transfer of shares
of Garrison Asia llc away from co
* Says board of directors remains unchanged and the company's transfer agent
remains in place
* Matter was reported to mongolian police who conducted an investigation and
interviewed those involved
* Discussions are underway between accused,co to reach deal to transfer shares
of Garrison Asia back to co
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.