ALPHA GENERAL<0073> - Announcement
The Stock Exchange of Hong Kong Limited takes no
responsibility for the contents of this announcement, makes
no representation as to its accuracy or completeness and
expressly disclaims any liability whatsoever for any loss
howsoever arising from or in reliance upon the whole or any
part of the contents of this announcement.
ALPHA GENERAL (HOLDINGS) LIMITED
(Incorporated in Bermuda with limited liability)
ANNOUNCEMENT
The Company wishes to state that it is only in the preliminary
stage of feasibility study and inquiry concerning the
potential development of information technology related
business. No decision has been made in this regard.
This announcement is made at the request of The Stock
Exchange of Hong Kong Limited.
As regards the various press reports on 11th February, 2000
making reference to the interview conducted by Infocast
Limited with Mr. Chu Ka Lok, Peter, the Chairman of Alpha
General (Holdings) Limited (the "Company") on 6th January
this year, we wish to state that the Company is only in the
preliminary stage of feasibility study and inquiry
concerning the potential development of information
technology related business. This trend to identify and
explore information technology related business was
indicated by the Company in its Interim Report 1999 dated
7th December 1999. Despite preliminary discussion were
engaged with independent third parties from time to time,
the Company would like to state that such discussion may or
may not result in any transaction and no decision has been
made in this regard and no material terms including pricing
have been considered.
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.
Shareholders of the Company and potential investors should
exercise caution in any sale or purchase of the shares of
the Company.
Made by the order of the Board of Alpha General (Holdings)
Limited the directors of which individually and jointly
accept responsibility for the accuracy of this announcement.
By order of the Board of
Alpha General (Holdings) Limited
H. K. Wat
Director
Hong Kong, 11th February, 2000
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