YUGANG INT'L<00613> - Unusual volume movement
The Stock Exchange has received a message from Yugang International
Limited which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited.
The board of directors of the Company has noted the recent increase in the
trading volume of the shares of the Company and wishes to state that the
Company was not aware of any reason for such increase.
The Company also confirms that, save and except that as was stated in our
announcement dated March 13, 2006, there are no negotiations or agreements
relating to intended acquisitions or realizations which are discloseable
under Rule 13.23 of the Listing Rules, neither is the board of directors
of the Company aware of any matter discloseable under the general
obligation imposed by Rule 13.09 of the Listing Rules, which is or may be
of a price-sensitive nature.
Made by order of the board of Yugang International Limited the directors
of which individually and jointly accept responsibility for the accuracy
of this statement.
As at the date of this announcement, the executive directors of the
Company are Mr. Cheung Chung Kiu, Mr. Yuen Wing Shing, Mr. Zhang Qing Xin,
Mr. Lam Hiu Lo and Mr. Liang Kang, the non-executive director is Mr.
Carmelo Lee Ka Sze and the independent non-executive directors are Mr.
David Wong Wai Kwong, Mr. Wong Yat Fai and Mr. Ng Kwok Fu.
For & on behalf of
Yugang International Limited
Yuen Wing Shing
Managing Director
Dated the 14th day of March, 2006, Hong Kong"
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