ITC CORPORATION<0372> - Exceptional Turnover Movement
The Stock Exchange has received a message from ITC Corporation Limited
which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited.
We have noted the increase in the trading volulme of the shares of the
Company this morning and wish to state that we are not aware of any
reasons for such increase.
We also confirm that there are no negotiations or agreements relating to
intended acquisitions or realisations which are discloseable under
paragraph 3 of the Listing Agreement, neither is the Board aware of any
matter discloseable under the general obligation imposed by paragraph 2 of
the Listing Agreement, which is or may be of a price-sensitive nature.
Made by the order of the Board of ITC Corporation Limited the directors of
which (other than Dr. Chan Kwok Keung, Charles, Mr. Allan Yap
and Mr. Cheung Hon Kit who were out of town and uncontactable)
individually and jointly accept responsibility for the accuracy of
this statement.
For and on behalf of
ITC CORPORATION LIMITED
Elsa Wong
Company Secretary
28th December, 1999"
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