CHINA STRATEGIC<00235> - Unusual volume movement
The Stock Exchange has received a message from China Strategic Holdings
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 increase in the the trading volume of the shares
of the Company and wish to state that we are not aware of any reasons for
such increase.
We also confirm that save as those disclosed in the joint announcement
dated 2nd May, 2006 of the Company in relation to sanction of Capital
Reduction by the Court, timetables of the Capital Reorganisation, the
Group Reorganisation, the Share Sale Agreement, the China Strategic Offer
and the GDI Offer, and change in board lot size, and further extension of
long-stop date for the Share Sale Agreement, there are no negotiations or
agreements relating to intended acquisitions or realisations which are
discloseable under rule 13.23, 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 China Strategic Holdings Limited, the Board of the
directors of which individually and jointly accept responsibility for the
accuracy of this statement.
As the date of this statement, the board of directors of the Company
comprises Dr. Chan Kwok Keung, Charles, Dr. Yap, Allan, Ms. Chau Mei Wah,
Rosanna, Ms. Chan Ling, Eva, Mr. Li Bo as executive directors, Mr. Chan
Kwok Hung and Mr. Lui Siu Tsuen, Richard as alternate directors to Dr.
Chan Kwok Keung, Charles and Dr. Yap, Allan respectively and Mr. David
Edwin Bussmann, Mr. Wong King Lam, Joseph and Mr. Sin Chi Fai as
independent non-executive directors.
For and on behalf of the Board of
CHINA STRATEGIC HOLDINGS LIMITED
Jenny Chan
Secretary
15th May, 2006"
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