PAC CHALLENGE<0166>-Exceptional Price & Turnover Movements
The Stock Exchange has received a message from Pacific Challenge 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 price and trading volume of the
shares of the Company 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 Pacific Challenge Holdings Limited the Board of the
directors of which individually and jointly accept responsibility for the
accuracy of this statement.
By Order of the Board
Lui Yee Man, Brenda
Managing Director
Hong Kong, 8 February, 2000"
|