HONG KONG, Jan. 12 /PRNewswire-Asia/ -- China Fundamental Acquisition Corporation, earlier announced that it had entered into definitive agreements to acquire Beijing Wowjoint Machinery Co., Ltd. and its associated companies (collectively "Wowjoint"), today announced that it has set January 15, 2010, as the record date for the special meeting at which China Fundamental's shareholders will vote to approve the acquisition and related proposals. Only shareholders of record as of the close of business on January 15, 2010 will be entitled to vote at the meeting.
China Fundamental expects to file the final proxy materials on or before January 19, 2010 and to mail the proxy to shareholders as soon as practicable thereafter. Those proxy materials will also confirm the date, time and place of the meeting, which is tentatively scheduled to be held at 8 a.m. EST on February 12, 2010, at the offices of China Fundamental's U.S. legal counsel, Skadden, Arps, Slate, Meagher & Flom LLP, Izumi Garden Tower 21st Floor, 1-6-1 Roppongi, Minato-ku, Tokyo 106-6021, Japan. If China Fundamental's shareholders approve the transaction, China Fundamental anticipates closing the transaction promptly after the meeting.
