News: ORH ORH Ltd says fund raising undertaken by company has been delayed

Feb 24 (Reuters) - ORH Ltd (ORH) :

• Fund raising undertaken by the company has been delayed as the directors

  continue discussions with potential funding partners in China

• Directors continue discussions with potential funding partners in China
• In the interim, the company is reducing costs where possible
• Reviewing the business for potential outsourcing opportunities and reviewing

  the possibility of expanding its product range.

• ORH has received interim funding which has enabled the company to fund itself

  in the short term

• The chairman is currently in China to further funding discussions