EX-99.1
2
v110240_ex99-1.htm
Exhibit
99.1
April
9,
2008
FOR
IMMEDIATE RELEASE
Jaguar
Acquisition Corporation
www.jaguar-capital.com
CONTACT:
Jonathan Kalman (610-825-0288)
Email:
jkalman@jaguar-capital.com
OTCBB:
JGACU.OB, JGAC.OB, JGACW.OB
China
Cablecom Holdings Ltd.
www.chinacablecom.net
CONTACT:
Clive Ng (212-888-8890)
Email:
clive@chinacablecom.net
China
Cablecom Holdings and Jaguar Acquisition Corporation Close Business
Combination
This
merger is the first of its kind for a U.S. public company.
New
York, NY & Conshohocken, PA,
April
9, 2008 (MARKET
WIRE) - China Cablecom Holdings, Ltd. (OTCBB: JGACU.OB, JGAC.OB, JGACW.OB)
and
Jaguar Acquisition Corporation ("Jaguar"), a special purpose acquisition
company, completed both the previously announced redomestication merger of
Jaguar in the British Virgin Islands as China Cablecom Holdings and the
concurrent business combination merger with China Cablecom Ltd. ("China
Cablecom"), an emerging consolidated cable network operator and acquirer
in the
highly-populated Shandong province in the People's Republic of China
(PRC).
Following
closing, approximately 74% of the ordinary shares of China Cablecom Holdings
will be owned by the previous stockholders of Jaguar. Initially the units,
ordinary shares and warrants of China Cablecom Holdings will continue to
be
traded on the OTC Bulletin Board under the ticker symbols JGACU.OB, JGAC.OB
and
JGACW.OB, respectively. Additional information concerning the conversion
of
Jaguar securities to China Cablecom Holdings securities can be found in the
registration statement on Form S-4/A filed by China Cablecom Holdings with
the
SEC on March 21, 2008. This information is also available in the Jaguar proxy
statement mailed to shareholders on March 24, 2008.
"This
transaction marks a historic new chapter for China Cablecom", says Clive Ng,
founder and Executive Chairman of China Cablecom. "As a result of the merger we
now have a strong foundation in place which should enable us to create long
lasting partnerships while providing us with a platform for consolidating
additional municipal and county cable network operators in China's Shandong
province."
"We
are
confident that the merger will help us to further strengthen our position
as the
only U.S. publicly traded company focused on acquiring, consolidating and
managing cable systems in the People's Republic of China", says Jonathan Kalman,
Chairman and Chief Executive Officer of Jaguar Acquisition Corporation. "We are
now poised to capitalize on the upgrade to digital, in addition to offering
premium services, which collectively is expected to drive higher operating
margins and cash flow and enhance the long term value of China Cablecom Holdings
for its shareholders".
About
China Cablecom
Holdings
China
Cablecom Holdings is a joint-venture provider of cable television services
in
the People's Republic of China, operating in partnership with a local
state-owned enterprise ("SOE") authorized by the PRC government to control
the
distribution of cable TV services. China Cablecom originally acquired operating
rights of the network it currently operates in Binzhou, Shandong Province
in
September 2007 by entering into a series of asset purchase and services
agreements with a company organized by SOEs owned directly or indirectly
by
local branches of SARFT in five different municipalities to serve as a holding
company of the relevant businesses. Binzhou Broadcasting operates a cable
network with 411,246 paying subscribers as of December 31, 2007. China Cablecom
Holdings' strategy is to replicate the acquisition by operating partnership
models in other municipalities in Shandong Province in the PRC and then
introducing operating efficiencies and increasing service offerings in the
networks it operates.
About
Jaguar Acquisition Corporation
Jaguar
Acquisition Corporation was formed as a special purpose acquisition company
in
April 2006 for the purpose of acquiring, through a merger, asset acquisition
or
other similar business combination, or controlling, through contractual
arrangements, an operating business.
In
April
2006, Jaguar Acquisition Corporation raised $28.3 million and its common
stock
and warrants began trading separately on June 26, 2006. Pursuant to its
organizational documents, the management team had until April 13, 2008 to
complete a business combination. Jaguar Acquisition Corporation's principal
offices are in Conshohocken, Pennsylvania.
Safe
Harbor Statement
Any
forward-looking statements are not guarantees of future performance and actual
results of operations, financial condition and liquidity, and developments
in
the industry may differ materially from those made in or suggested by the
forward-looking statements contained in this press release. These
forward-looking statements are subject to numerous risks, uncertainties and
assumptions. The forward-looking statements in this press release speak only
as
of the date of this press release and might not occur in light of these risks,
uncertainties, and assumptions. China Cablecom Holdings undertakes no obligation
and disclaims any obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events, or
otherwise.
###
Investor
Relations
Hayden
Communications International, Inc.
Ted
Haberfield, Executive VP
Phone:
+1-760-755-2716
E-mail:
thaberfield@HCInternational.net

EX - 99 . 1 2 v110240 _ ex99 - 1 . htm Exhibit 99 . 1 April 9 , 2008 FOR IMMEDIATE RELEASE Jaguar Acquisition Corporation www.jaguar-capital.com CONTACT : Jonathan Kalman ( 610 - 825 - 0288 ) Email : jkalman@jaguar-capital.com OTCBB : JGACU . OB , JGAC . OB , JGACW . OB China Cablecom Holdings Ltd . www.chinacablecom.net CONTACT : Clive Ng ( 212 - 888 - 8890 ) Email : clive@chinacablecom.net China Cablecom Holdings and Jaguar Acquisition Corporation Close Business Combination This merger is the first of its kind for a U . S . public company . New York , NY & Conshohocken , PA , April 9 , 2008 ( MARKET WIRE ) - China Cablecom Holdings , Ltd . ( OTCBB : JGACU . OB , JGAC . OB , JGACW . OB ) and Jaguar Acquisition Corporation ( " Jaguar " ) , a special purpose acquisition company , completed both the previously announced re domestication merger of Jaguar in the British Virgin Islands as China Cablecom Holdings and the concurrent business combination merger with China Cablecom Ltd . ( " China Cablecom " ) , an emerging consolidated cable network operator and acquirer in the highly - populated Shandong province in the People ' s Republic of China ( PRC ) . Following closing , approximately 74 % of the ordinary shares of China Cablecom Holdings will be owned by the previous stockholders of Jaguar . Initially the units , ordinary shares and warrants of China Cablecom Holdings will continue to be traded on the OTC Bulletin Board under the ticker symbols JGACU . OB , JGAC . OB and JGACW . OB , respectively . Additional information concerning the conversion of Jaguar securities to China Cablecom Holdings securities can be found in the registration statement on Form S - 4 / A filed by China Cablecom Holdings with the SEC on March 21 , 2008 . This information is also available in the Jaguar proxy statement mailed to shareholders on March 24 , 2008 . " This transaction marks a historic new chapter for China Cablecom " , says Clive Ng , founder and Executive Chairman of China Cablecom . " As a result of the merger we now have a strong foundation in place which should enable us to create long lasting partnerships while providing us with a platform for consolidating additional municipal and county cable network operators in China 's Shandong province . " " We are confident that the merger will help us to further strengthen our position as the only U . S . publicly traded company focused on acquiring , consolidating and managing cable systems in the People ' s Republic of China " , says Jonathan Kalman , Chairman and Chief Executive Officer of Jaguar Acquisition Corporation . " We are now poised to capitalize on the upgrade to digital , in addition to offering premium services , which collectively is expected to drive higher operating margins and cash flow and enhance the long term value of China Cablecom Holdings for its shareholders " . About China Cablecom Holdings China Cablecom Holdings is a joint - venture provider of cable television services in the People ' s Republic of China , operating in partnership with a local state - owned enterprise ( " SOE " ) authorized by the PRC government to control the distribution of cable TV services . China Cablecom originally acquired operating rights of the network it currently operates in Binzhou , Shandong Province in September 2007 by entering into a series of asset purchase and services agreements with a company organized by SOEs owned directly or indirectly by local branches of SARFT in five different municipalities to serve as a holding company of the relevant businesses . Binzhou Broadcasting operates a cable network with 411,246 paying subscribers as of December 31 , 2007 . China Cablecom Holdings ' strategy is to replicate the acquisition by operating partnership models in other municipalities in Shandong Province in the PRC and then introducing operating efficiencies and increasing service offerings in the networks it operates . About Jaguar Acquisition Corporation Jaguar Acquisition Corporation was formed as a special purpose acquisition company in April 2006 for the purpose of acquiring , through a merger , asset acquisition or other similar business combination , or controlling , through contractual arrangements , an operating business . In April 2006 , Jaguar Acquisition Corporation raised $ 28.3 million and its common stock and warrants began trading separately on June 26 , 2006 . Pursuant to its organizational documents , the management team had until April 13 , 2008 to complete a business combination . Jaguar Acquisition Corporation 's principal offices are in Conshohocken , Pennsylvania . Safe Harbor Statement Any forward - looking statements are not guarantees of future performance and actual results of operations , financial condition and liquidity , and developments in the industry may differ materially from those made in or suggested by the forward - looking statements contained in this press release . These forward - looking statements are subject to numerous risks , uncertainties and assumptions . The forward - looking statements in this press release speak only as of the date of this press release and might not occur in light of these risks , uncertainties , and assumptions . China Cablecom Holdings undertakes no obligation and disclaims any obligation to publicly update or revise any forward - looking statements , whether as a result of new information , future events , or otherwise . # # # Investor Relations Hayden Communications International , Inc . Ted Haberfield , Executive VP Phone : + 1 - 760 - 755 - 2716 E - mail : thaberfield@HCInternational.net