SINOUNION PETRO<00346> - Unusual price & volume movements
The Stock Exchange has received a message from Sino Union Petroleum &
Chemical International 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 the trading volume of
the shares of the Company and wish to state that we are not aware of any
reasons for such increases.
Save for the announcement of the Company dated 9 January 2007 in relation
to the very substantial acquisition and connected transaction of the
Company, We also confirm that there are no negotiations or agreements
relating to intended acquisitions or realizations 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 the board of Sino Union Petroleum & Chemical
International Limited, the Directors of which individually and jointly
accept responsibility of the accuracy of the above statement.
As at the date of this announcement, the board of Directors comprises of
(1) Executive Directors: Dr. Wang Tao, Dr. Hui Chi Ming, Dr. Chui Say Hoe,
Mr. Tsang Kwok Man, Mr. Cheung Shing and Mr. Cui Yeng Xu (2) Non-Executive
Directors: Mr. Chow Charn Ki Kenneth; and (3) Independent Non-Executive
Directors: Mr. Chan Wai Dune, Dr. Yu Sun Say and Mr. Ng Wing Ka.
For and on behalf of
Sino Union Petroleum & Chemical International Limited
Fu Wing Kwok Ewing
Company Secretary
Hong Kong, 29 March 2007"
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