KWONG SANG HONG<0189> Exceptional Price & Turnover Movements
The Stock Exchange has received a message from The Kwong Sang Hong
International 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 increases in the trading volume and price of the
shares of the Company and wish to state that save as the placing
announcement of the Company dated 2nd March, 2000 we are not aware of
any reasons for such increases.
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 the Board of the directors of which individually and
jointly accept responsibility for the accuracy of this statement.
Katherine Siu
Company Secretary
Hong Kong, 3 March 2000"
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