FE HOTELS<00037> - Unusual price & volume movements
The Stock Exchange has received a message from Far East Hotels and
Entertainment 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 decrease in the price and trading volume of the
shares of the Company. Save as announcement made on 4 November 2004,
we wish to state that we are not aware of any reasons for such increase.
We also confirm that there are no negotiations or agreements relating to
intended acquisitions or realisations which are discloseable under
rule 13.23, and neither is the Board aware of any matter discloseable
under the general obligation imposed by rule 13.09, which is or may be of
a price-sensitive nature.
Made by the order of Far East Hotels and Entertainment Limited, the Board
of the directors of which individually and jointly accept responsibility
for the accuracy of this statement.
As at the date of this statement, the executive Directors are Mr. Deacon
Te-ken Chiu, Mr. Derek Chiu, Mr. Desmond Chiu, Ms. Margaret Chiu; the
non-executive Directors are Mrs. Chiu Ju Ching-lan, Mr. Dick Tat-sang
Chiu, Mr. David Tat-cheong Chiu, Mr. Dennis Tat-shing Chiu, Mr. Duncan
Chiu; the independent non-executive Directors are Mr. Ip Shing-hing, Mr.
Ng Wing Hang Patrick, Mr. Choy Wai Shek Raymond; and the alternate
Directors are Mr. Chan Chi-hing (alternate Director to Mr. Deacon Te-ken
Chiu) and Mr. Tang Sung-ki (alternate Director to Mr. Desmond Chiu).
For and on behalf of
FAR EAST HOTELS AND ENTERTAINMENT LIMITED
Derek Chiu
Managing Director
5 November, 2004"
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