UDL HOLDINGS<00620> - Unusual price movement
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 price of the shares of the Company,
we wish to state that we are not aware of any reasons for such increase.
Save and except for the disclosures in the announcement dated 7th
September 2005 regarding the Mandatory Conditional Cash Offer. We
also confirm that there are no negotiations or agreements relating to
intended acquisitions or realizations which are discloseable under Rule
13.23, neither is the Board aware of any matter discloseable under the
general obligation imposed by Rule 13.09, which is or may be of a price-
sensitive nature.
Made by the order of the Board of the Directors (the "Board") of the
Company of which individually and jointly accept responsibility for the
accuracy of this statement.
Currently, the Board comprises three executive directors namely Mrs. Leung
Yu Oi Ling, Irene, Miss Leung Chi Yin, Gillian, Mr. Lee Ka Lun, Stephen
and three independent non-executive directors, namely Mr. Pao Ping Wing,
JP, Professor Yuen Ming Fai, Matthew and Ms. Tse Mei Ha.
By order of the Board
UDL HOLDINGS LIMITED
Pang Kee Chau
Company Secretary
Hong Kong, 9 September 2005"
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