June 1 (Reuters) - 8Ip Emerging Companies Ltd 8EC.AX :
* 8IP EMERGING COMPANIES- SUBMITTED APPLICATION TO ASX FOR IN-PRINCIPLE ADVICE IN RELATION TO ITS REINSTATEMENT TO ASX FOLLOWING CAPITAL RAISING
* 8IP EMERGING COMPANIES- BOARD CONSIDERS THAT RAMCAP PROPOSAL IS NOT SUPERIOR TO LANYON PROPOSAL
* 8IP EMERGING COMPANIES- BOARD RECOMMENDS THAT 8EC SHAREHOLDERS TAKE NO ACTION WITH RESPECT TO RAMCAP PROPOSAL