KING PACIFIC<0072> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from King Pacific International
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 decreases in the price and the increases in
trading volume of the shares of the Company and wish to state that we are
not aware of any reasons for such increases/decreases.
We also confirm that, save as disclosed in the Company announcement
published on 10 January 2000, 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 King Pacific International Holdings
Limited the directors of which individually and jointly accept
responsibility for the accuracy of this statement.
Cheng Chao Ming
13 January 2000"
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