ORIENT POWER<00615> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from Orient Power Holdings
Limited which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited.
The directors of Orient Power Holdings Limited (the "Company") have noted
the recent increases in the price and the trading volume of the shares of
the Company and wish to state that the directors are not aware of any
reasons for such increases.
Save as the announcement made on 23rd May, 2003 regarding the appointment
of financial adviser in relation to a possible fund raising exercise, the
directors of the Company 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 Company, the directors of which
individually and jointly accept responsibility for the accuracy of this
statement.
By order of the Board
Poon Ka Hung
Chairman
Hong Kong, 11th June, 2003"
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