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ASIA BIO-CHEM GROUP CORP. TO HOLD THIRD QUARTER 2010 RESULTS CONFERENCE CALL ON NOVEMBER 12, 2010

^{Published on 2010-11-03 06:35:53 - Market Wire}
 

TORONTO, Nov. 3 /CNW/ - Asia Bio-Chem Group Corp. (TSX: ABC) ("Asia Bio-Chem" or the "Company") is pleased to announce that it will hold a conference call to discuss its 2010 third quarter and year-to-date financial results on Friday, November 12, 2010 at 8:00 a.m. ET.  The company is expected to report its financial results on Thursday, November 11, 2010 after markets close.

To access the conference call by telephone, dial 647-427-7450 or 1-888-231-8191.  Please connect approximately 15 minutes prior to the beginning of the call to ensure participation.  A question-and-answer session for analysts and institutional investors will follow management's presentation.

A taped rebroadcast will be available to listeners until 12 a.m. ET on Friday, November 26, 2010. To access the rebroadcast, please dial 416-849-0833 or 1-800-642-1687 and enter passcode 22253412, followed by the number sign.

About Asia Bio-Chem Group Corp.

Asia Bio-Chem Group, through its wholly-owned subsidiaries in the People's Republic of China ("PRC"), is in the business of processing corn. From its plants in Liaoning and Heilongjiang Province, the Company has a total processing capacity of 900,000 tonnes of corn per year, which are processed into cornstarch, corn germ, gluten and fiber for sale into the domestic Chinese market.  

This news release contains certain statements that may be deemed "forward looking statements". Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects,", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward looking statements, except as required by law, in the event that management's beliefs, estimates or opinions, or other factors, should change.

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