MIDAS INT'L<01172> - Unusual price & volume movements
The Stock Exchange has received a message from Midas International
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 increases in the price and trading volume of the
shares of the Company and wish to state that we are not aware of any
reasons for such increase.
Save as the joint announcement made on 11 May 2007, 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 Midas International Holdings Limited,
the directors of which individually and jointly accept responsibility for
the accuracy of this statement.
As at the date of this statement, Mr. Hung Ting Ho, Richard, Mr. Kwong Tin
Lap, Mr. Kwok Chi Fai, Miss Li Mee Sum, Ann and Mr. Wong Chi Sing are
Executive Directors, Mr. Dominic Lai is a Non-Executive Director, Mr. Shek
Lai Him, Abraham, Dr. Li Sau Hung, Eddy and Mr. Yau Chi Ming are
Independent Non-Executive Directors of the Company.
For and on behalf of
Midas International Holdings Limited
Kwong Tin Lap
Managing Director
12 June 2007"
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