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Tag Archives: ACC

China Cord Blood Corporation Files Its Annual Report on Form 20-F

HONG KONG, July 31, 2014 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing, and stem cell storage services, today announced that the Company has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 20-F, which included audited financial statements for the fiscal year ended March 31, 2014. The Form 20-F can be accessed by visiting the U.S. Securities and Exchange Commission's website at http://www.sec.gov and also be found at the Investor Relations section of CCBC's website at http://ir.chinacordbloodcorp.com. CCBC will provide a hard copy of the Annual Report, including a complete set of audited financial statements, free of charge to its shareholders upon request.

About China Cord Blood Corporation

China Cord Blood Corporation is the first and largest umbilical cord blood banking operator in China in terms of geographical coverage and the only cord blood banking operator with multiple licenses.  Under current PRC government regulations, only one licensed cord blood banking operator is permitted to operate in each licensed region and only seven licenses have been authorized as of today.  China Cord Blood Corporation provides cord blood collection, laboratory testing, hematopoietic stem cell processing, and stem cell storage services.  For more information, please visit our website at http://www.chinacordbloodcorp.com.        

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events, performance and results of operations, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in statements filed from time to time with the U.S. Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

For more information, please contact:

China Cord Blood Corporation
Investor Relations Department
Tel: (+852) 3605-8180
Email: ir@chinacordbloodcorp.com

ICR, Inc.
Mr. Bill Zima
Tel: (+86) 10-6583-7511 (China) or (+1) 646-405-5185 (U.S.)
Email: william.zima@icrinc.com

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ACCA enjoys strong performance and is determined to build on successful year

HONG KONG, July 15, 2014 /PRNewswire/ -- An increase of almost 5% in member numbers has resulted in ACCA (the Association of Chartered Certified Accountants) achieving nearly 170,000 members in the past year. At the same time, the global body for professional accountants recorded 436,000 students, of which 384,000 -- an increase of over 12,000 on the previous year -- were studying for the ACCA Qualification in 2013-14.

ACCA's rate of growth among members at 4.7% is the highest of any of the international accounting bodies, comprising 10,377 new members and a 98.4% retention rate among existing members.

Fundamental to achieving growth is ACCA's professional standing. ACCA asked employers for their overall perceptions -- with 95% saying that ACCA was a respected brand and 89% saying that ACCA was a world class organisation. ACCA was seen as being the global leader among international accounting bodies by over 50% of those surveyed. The next highest ranked body was mentioned by only 17% of those surveyed.

Learning providers were also asked about their views -- with 90% saying ACCA is a world class organisation and 85% agreeing that ACCA is a great career choice for young people.

ACCA Chief Executive Helen Brand OBE said, "The opinions of employers and learning providers are critical to us, since they provide career and learning opportunities to all our members and students. We are delighted that their feedback continues to show overwhelming endorsement and support and we will continue to work closely with employers to ensure that ACCA continues to meet their needs."

"It is heartening that we have been able to grow the number of members as well as increasing our student base globally, both through increased recruitment and improved retention, which has been achieved by more and better support, along with enhanced member and student services. We have achieved all the targets we set for ourselves -- speed, efficiency and quality of email and telephone service -- all of which are benchmarked against globally accepted service delivery measures," said Helen Brand.

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The 8th Edition of the International Debt Collection Handbook Now Includes Chile, Ukraine and South Africa

AMSTERDAM, June 25, 2014 /PRNewswire/ -- Today Atradius Collections releases the new edition of the International Debt Collection Handbook explaining the different stages of amicable settlement, financial regulations around collections, legal proceedings and insolvency procedures. The handbook is useful for credit managers confronted with the diversity and complexity of country-specific debt collections, now covering 38 countries, including Chile, Ukraine and South Africa. 

International debt collection and country-specific legal systems create challenges that affect every business. The International Debt Collection Handbook has proven to be an invaluable, highly demanded product for decision-makers in the collections and credit management industry. It gives readers an overview of foreign debt collection practices at country level. Rudi De Greve, Global Operations Director at Atradius Collections, explains: "The amicable collection route should always be the preferred option, however, taking legal actions is sometimes required. In either case, the key is to respect local ethics and the law. Only with local expertise can businesses ensure they are following a professional and successful approach."

With insolvency levels peaking in many countries, selecting the right approach to debt collection has become an even more important factor for maintaining cash flow. Moreover, payment delays are common and insolvency risks remain high, both negatively impacting cash flow. A complex payment procedure in many cases results in foreign payment delays.

As a global market player, Atradius Collections acknowledges the importance of understanding local needs and being able to operationalize at a local level as the key to successful debt collection. Therefore Atradius Collections is planning on expanding its geographical reach into new markets, strengthening its global market position.

About the International Debt Collection Handbook 

Since its launch in 2008, the International Debt Collections Handbook has undergone constant update and expansion to provide decision makers with the most recent information. Rudi De Greve, Global Operations Director at Atradius Collections: "The handbook consists of information gathered by local experienced collectors and lawyers, making it a trusted international debt collections navigator."

The full International Debt Collection Handbook is available for download at http://www.atradiuscollections.com/global/updates-publications/international-debt-collections-handbook.html

About Atradius Collections 

Atradius Collections, a business unit of Atradius Group, provides efficient, quick and flexible solutions to recovering domestic and international trade debts. With 20 offices and an extensive network of collections specialists and lawyers worldwide, Atradius Collections serves more than 14,500 customers. Over 85 years of global credit management industry experience uniquely positions Atradius Collections as a worldwide leader in business-to-business trade invoice collections services. Please visit http://www.atradiuscollections.com for more information.

Further information:
Iris Graatsma
Iris.Graatsma@atradius.com
Telephone: +31-20-553-3139
http://www.atradiuscollections.com
http://www.linkedin.com/company/atradius-collections
http://www.twitter.com/AtradiusCollect

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