Business News • MarketWire • CanAsia Financial Inc. to Appoint Sterling Group as a Franchaisee to Distribute Hyundai Mobile Phones in the Philippines

CanAsia Financial Inc. to Appoint Sterling Group as a Franchaisee to Distribute Hyundai Mobile Phones in the Philippines

CanAsia Financial Inc. to Appoint Sterling Group as a Franchaisee to Distribute Hyundai Mobile Phones in the Philippines

CALGARY, ALBERTA--(Marketwire - Aug. 18, 2011) - CanAsia Financial Inc. (the "Company") (TSX VENTURE:CNA) announces that Mondeo Development Group Ltd. ("Mondeo"), a wholly-owned subsidiary of the Company, has appointed the Sterling Group of the Philippines ("Sterling") as a franchisee to distribute Hyundai mobile phones for the Philippine markets on a non-exclusive basis.

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