ASF Group Ltd

English

ASX Share Price: AFA

Current Highlights

May 11, 2012

ASF BECOMES CORNERSTONE INVESTOR IN ACTIVEX

ASF Group Limited (ASX: AFA) is pleased to announce it has become a cornerstone investor in Brisbane based exploration company ActivEX Limited (ASX: AIV) by subscribing for a 15% placement of 24,794,398 shares at 2.7cents per share for an investment amount of $669,448.75.

As a consequence of this investment, ASF Group holds 13.04% of the issued share capital of ActivEX and Ms Min Yang, Chairman of ASF Group, has been invited to join the ActivEX Board of Directors.

May 01, 2012

ASF RAISED $2M CAPITAL AT A PREMIUM

ASF Group Limited (the "Company”) is pleased to announce that it has on 30 April 2012 raised new capital of $2.0 million by a placement of 10 million fully paid ordinary shares of the Company to Mr Jianzhong Yang at an issue price of $0.20 per share, representing a premium of approximately 12% over the VWAP of the preceding five trading days.

February 29, 2012

2011-12 Half-Year Profits A$23.6m

Consistent with its strategy, the Company is continuing to develop a pipeline of potential transactions involving its existing assets (and possible future acquisitions), which in many instances will involve joining with our existing partners and co-investors from China.

See Appendix 4D.

February 16, 2012

Share Buy-Back Proposal
ASF Group Limited is pleased to announce that its Board of Directors has approved an on-market share buy-back proposal pursuant to the Appendix 3C ("Buy-back Proposal”). The Directors consider that the Buy-back Proposal is for the benefit of the shareholders.

Click here to download.

Welcome to ASF

The ASF Group is the new driving force in strategic investment between China and Australia. The company is an ASX Listed Australian Company. ASX Code: AFA.

ASF’s local knowledge of China coupled with our "on-the-ground” experience in Australia is our key point of difference. We understand the China market, the business culture and we are well placed to develop strategies to ensure the success and growth of business opportunities.

We identify opportunities and co-invest with select ‘partners’ from China, applying our cultural and business expertise to develop, finance and grow partnerships to deliver long-term success.