WINSOR IND<0098> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from Winsor Industrial
Corporation 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 price and trading volume of the
shares in the Company and wish to state that we are not aware of any
reasons for such increase except for the Voluntary Conditional Cash Ofer
to be made by Equitas Capital Limited on behalf of Super-Rich Finance
Limited for all the issued shares of the Company (other than those already
owned by the shareholders of Super-Rich Finance Limited, their spouses and
companies controlled by them) and proposed privatisation of the Company as
contained in a joint announcement dated 14th November, 2000 and published
in the newspapers on 15th November, 2000.
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 Winsor Industrial Corporation Limited,
the directors of which individually and jointly accept responsibility for
the accuracy of this statement.
For and on behalf of
WINSOR INDUSTRIAL CORPORATION LIMTIED
CONNIE CHIANG
Company Secretary
15th November, 2000"
|