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To: Glenn Petersen who wrote (1779)9/9/2009 10:41:22 PM
From: Glenn Petersen  Respond to of 3862
 
The shareholders of InterAmerican Acquisition (stock symbol: [t]IAQG[/t] (<span style='font-size:11px'>LAST</span>: 3.0<span style='font-size:11px'> 9/9/2009 3:53:57 PM</span>) ) approved the company's proposed acquisition and the stock fell $3.12 to $3.00.

InterAmerican Acquisition Group Inc. Announces Stockholder Approval of Business Combination With Sing Kung Limited

Press Release
Source: InterAmerican Acquisition Group
On Wednesday September 9, 2009, 10:30 am EDT

SAN DIEGO, Sept. 9, 2009 (GLOBE NEWSWIRE) -- InterAmerican Acquisition Group Inc. (OTCBB:IAQG - News) (OTCBB:IAQGW - News) (OTCBB:IAQGU - News) announced that at a special meeting held today its stockholders approved its previously-announced proposed business combination with Sing Kung Limited. In approving the business combination, IAG's stockholders also approved the redomestication of IAG from Delaware to the British Virgin Islands, as well as other matters related to the redomestication. The parties expect the business combination to close on September 9, 2009.

Subsequent to the transaction, IAG expects to change its name to CNC Development Ltd. and to continue to trade on the OTCBB under the symbols IAQG, IAQGW and IAQGU until new symbols are issued.

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