UDL HOLDINGS<00620> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from UDL Holdings 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 recent increase in the trading volume and decrease in
the price of the shares of the Company and wish to state that we are not
aware of any reasons for such movement save for the matter disclosed in
the Company's announcement dated 4 October 2002.
Save for the above, we 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 order of the Board of the Company, the directors of which
individually and jointly accept responsibility for the accuracy of
this statement.
For and on behalf of
UDL Holdings Limited
Leung Yu Oi Ling, Irene
Chairman
Hong Kong, 17 October 2002"
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