AsianLogic Limited, a diversified Asia-Pacific online and land-based gaming company, announces that on 11 July 2008 it purchased in the market 50,000 of its own ordinary shares to be held in treasury. The shares were purchased at a price of 75p.
Following the above purchase, the Company holds 7.186 million ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 103,095,250.
NOTES TO EDITORS
AsianLogic
AsianLogic is a leading online and land-based gaming company focusing on the Asia-Pacific markets. The Company operates eight online casino brands and four online poker rooms as well as land-based sportsbook operations through its MegaSportsWorld brand. It is a specialist in Asia-specific games such as Mahjong, Cho-Da-Di, Do-Di-Zhu and 13 Card Poker. The company owns and operates The Asian Poker Tour.
The Company also maintains a corporate advisory team specialising in the gaming sector which is an active investor in gaming-related businesses as well as providing consultancy and analytical services. AsianLogic enjoys strong commercial relationships with leading gaming providers including Playtech and LVS. Founded as ESL in 2002, AsianLogic employs over 300 employees, the majority of whom are based in the Philippines.
