WANG ON GROUP<01222> - Unusual volume movement
The Stock Exchange has received a message from Wang On Group 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 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 for the announcement dated 18 May 2005 made by
the Company in relation to the increase in trading volume and share price,
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 the Board of directors of Wang On Group Limited, the
directors (comprising of (1) the Executive Directors namely Mr. Tang Ching
Ho, Ms. Yau Yuk Yin and Mr. Chan Chun Hong, Thomas; and (2) the
Independent Non-executive Director namely Dr. Lee Peng Fei, Allen, Mr.
Wong Chun, Justein, Dr. Siu Yim Kwan, Sidney and Mr. Siu Kam Chau) of
which individually and jointly accept responsibility for the accuracy of
this statement.
By the Order of the Board of
WANG ON GROUP LIMITED
Chan Chun Hong, Thomas
Director
Hong Kong, 19 May 2005"
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