Welcome to the AMZ Holdings PLC website

		AMZ Holdings Plc is a property development group who have assembled 27 acres of beachfront property on the island of Penghu, Taiwan. The property is the largest private land site on the island, and  has been zoned and approved for an International Tourist Hotel building permit, a process which took many years. Taiwan has now approved gaming legislation only for the offshore islands, with Penghu now seeking to attract major international operators. The licence must form part of the facilities of an International Tourist Hotel, and the company will now seek to maximise this asset for its’ shareholders.  The company is registered in the Isle of Man, and listed on the London AIM market.

		Company Update AMZ Holdings Plc was automatically delisted from AIM under the Exchange regulations on Friday 23rd April 2010. The AIM authorities were not willing to extend the relisting deadline in light of the current difficulties experienced by the Company. The Company, the Loan Stock receiver appointed by the Loan Stock trustee and CB Richard Ellis (Taipei Branch) are completing the solicitation for bids process which is expected to result in a sale of all, or substantially all of the Company’s assets, or the capital stock in one of its wholly-owned direct or indirect subsidiary entities, controlling the Company’s property holdings on Penghu. Further announcements on this, and the Company’s future prospects will be released on the Company’s website in due course. Asset Sale Announcement Further to prior announcements on its default status, the Company announces that it has been unable to renegotiate revised repayment terms with the Martin Currie Taiwan Opportunities Fund and, as such, the Company is unable to cure its default with respect to its 12.9% Convertible Secured Loan Stock 2011 (“Loan Stock”). The Company also announces that it has been unable to raise sufficient capital to enable it to meet its redemption obligations in respect of its Loan Stock and to raise sufficient working capital to continue operations. As a result the Company and the Loan Stock receiver appointed by the Loan Stock trustee have instructed CB Richard Ellis (Taipei Branch) to initiate a solicitation for bids process which is expected to result in a sale of all or substantially all of the Company’s assets, or the capital stock in one of its wholly-owned direct or indirect subsidiary entities, controlling the Company’s property holdings on Penghu. Bids are expected to be due on 23 April 2010. The Company will continue to seek new sources of funding, which will allow the Company to suspend this process, meet its obligations and continue to operate. Interested parties in either the bidding or funding process may contact the Loan Stock receiver direct for further details at paul@shimminwilson.com. Gaming consultancies to be announced Winning bidders tasked with drafting new legislation on gaming tourism and casino regulation are expected to be announced in early May 2010. The proposed legislative drafts are earmarked for passage by the parliament in its autumn session later this year.. .