In order to further the company's finance and expansion efforts, Welwind has opened an Office in Hong Kong, to be headed by Mr. Wong. "Hong Kong has been ranked # 1 globally in 2009 for IPO fundraising -- US$31.3 billion, and # 4 globally in terms of total funds raised, including post-IPOs, of US$81.4 billion. Opening an office in Hong Kong will allow Welwind to have access to these Asian investors," said Larry McNabb, President of Welwind Energy. Adds McNabb, "With a large demand by Asian Investors wanting to invest in Welwind Energy, Welwind's Hong Kong office will begin exploring the option of a dual listing on the Hong Kong Stock Exchange. Companies are attracted to listing on the Hong Kong Exchange to benefit from the market's liquidity, attractive valuations and access to investors in Asia."
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