Posting of Report & Accounts, Dividend Timetable and Notice of AGM
10 June 2014
RapidCloud International plc (AIM:RCI), the computing services, web hosting and web solutions provider based in Southeast Asia, is pleased to announce that its Final Report and Accounts for the year ended 31 December 2013 have today been posted to shareholders together with a Notice of Annual General Meeting. Electronic copies of these documents are available from the Company’s investor relations website at www.rapidcloudasia.com in accordance with AIM Rule 20.
The Company announces that the timetable for the payment of the proposed final dividend to shareholders is set out in the table below:
27 June 2014 AGM
18 June 2014 Ordinary Shares quoted ex dividend
20 June 2014 Record date for dividend
18 July 2014 Dividend payment date
The Company's Annual General Meeting will be held at 3:30pm (local time) on 27 June 2014 at the offices of Allenby Capital Limited, 3 St Helen’s Place, London EC3A 6AB.
For further information, please visit www.rapidcloudasia.com or contact:
|RapidCloud International Plc
Raymond Chee, Managing Director
David Cotterell, Chairman
|Allenby Capital, Nominated Adviser and Joint Broker
|Tel: +44 (0)20 3328 5656|
|Walbrook, Financial PR and IR
|Tel: 44 (0)20 7933 8792
RapidCloud, one of the few integrated subscription-based computing solutions providers in Malaysia that offers its services through all three currently available segments of cloud computing. The Company is based in Southeast Asia and is one of the few solutions providers in the region to deliver its offerings through all three available Cloud Computing segments, i.e. Software-as-a-Service, Infrastructure-as-a-Service and Platform-as-a-Service.
Formed in 1999 the Company has a well-established cloud offering with a customer base of 37,000. These are predominantly SMEs but also include blue-chip clients such as Deloitte, BAE Systems and Canon, for which RapidCloud’s extensive R&D department creates bespoke software solutions.
RapidCloud currently has operations in Malaysia, Thailand and the Philippines and has plans to expand into Indonesia. According to industry research commissioned by RapidCloud from Frost & Sullivan in 2013, the Cloud Computing industry in Asia Pacific is expected to grow at a CAGR of 49.6% between 2013 and 2015, giving a market size of US45.6 billion by 2015.
RapidCloud International plc was admitted to AIM on 14 August 2013.