Not for distribution, directly or indirectly, in or into the
United States or any jurisdiction in which such distribution
would be unlawful.
3 January 2012
The Company, a leading investor in lifestyle and branded real
estate businesses in the Asia-Pacific region, is pleased to
announce that it has invested in Maison Takuya, a company
producing and marketing luxury leather accessories. Maison
Takuya is known for its modern yet understated designs and
exquisite quality. The philosophy of Maison Takuya is to
combine traditional craftsmanship with modern techniques to
create very high quality leather accessories that are
designed to appeal to the sophisticated consumer for their
quality, functionality and beauty.
Maison Takuya products are available at selected high-end
stores globally, including Bergdorf Goodman in New York and
Bon Marche in Paris. Its distribution channels include 150
retailers in 12 countries, including Japan, Singapore,
Thailand, the United Arab Emirates, France, Monaco,
Switzerland and the US. Maison Takuya's aim is to maintain
its high standards in craftsmanship while expanding its
selective distribution. The investment by Symphony will
hasten plans to expand distribution by opening additional
stores in selected cities worldwide.
Symphony's investment in this venture is expected to be
less than 2% per cent of the Company's net asset value
and will be funded from internal sources. The venture
provides Symphony with the ability to capitalise on rising
consumer demand for luxury goods and lifestyle products in
the Asia-Pacific region, in addition to diversifying its
current investment portfolio.
For further information, please contact: Symphony Asia
Limited
Sunil Chandiramani +852 2801 6199
FTI Consulting
Neil Doyle +44 207 269 7237
No representation or warranty is made by the Company as to
the accuracy or completeness of the information contained in
this announcement and no liability will be accepted for any
loss arising from its use.
This announcement is for information purposes only and does
not constitute an invitation or offer to underwrite,
subscribe for or otherwise acquire or dispose of any
securities of the Company in any jurisdiction. All
investments are subject to risk. Past performance is no
guarantee of future returns. Prospective investors are
advised to seek expert legal, financial, tax and other
professional advice before making any investment
decisions.
This announcement is not an offer of securities for sale into
the United States. The Company's securities have not
been, and will not be, registered under the United States
Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an exemption from
registration. There will be no public offer of securities in
the United States.
End of Announcement
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