DRAGON HILL<00305> - Unusual price & volume movements
The Stock Exchange has received a message from Dragon Hill Holdings
Limited which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited ("Stock Exchange").
Dragon Hill Holdings Limited ("Company") has noted the recent increases in
the price and trading volume of the shares of the Company ("Shares") and
wishes to state that it is not aware of any reasons for such increases.
The Company confirms that save and except for the matters disclosed in the
Company's announcement on 6 March 2007 in relation to the proposed
investment in a joint venture, proposed sale of Shares by the controlling
shareholder of the Company and proposed grant of option by the Company,
there are no negotiations or agreements relating to intended acquisitions
or realisations which are discloseable under Rule 13.23 of the Rules
Governing the Listing of Securities on the Stock Exchange ("Listing
Rules"), neither is the board of directors of the Company ("Board") aware
of any matter discloseable under the general obligation imposed by Rule
13.09 of the Listing Rules, which is or may be of a price-sensitive
nature.
Made by the order of the Board, the directors of the Company individually
and jointly accept responsibility for the accuracy of this statement.
By order of the Board
Dragon Hill Holdings Limited
Lee Shing
Chairman
Hong Kong, 29 March 2007
As at the date of this announcement, the Board comprises:
Executive Directors:
Mr. Lee Shing
Ms. Liu Yaling
Mr. Wang Shaohua
Mr. Pei Qingrong
Independent non-executive Directors:
Mr. Yu Xiumin
Mr. Zuo Duofu
Mr. Cheng Kin Wah, Thomas"
|