Statement re share price
November 26 2009 - 3:41AM
UK Regulatory
TIDMACHL
RNS Number : 1235D
Asian Citrus Holdings Ltd
26 November 2009
Hong Kong, 26 November 2009
Asian Citrus Holdings Limited
("Asian Citrus" or "the Company")
This statement is made at the request of The Stock Exchange of Hong Kong Limited
("Stock Exchange").
We have noted today's volatility in the price and trading volume of the shares
of Asian Citrus Holdings Limited ("Company") on the Stock Exchange and wish to
state that we are not aware of any reasons for such movement.
Reference is also made to the listing document ("Listing Document") of the
Company dated 23 November 2009. Unless the context requires otherwise,
capitalised terms in this announcement shall have the same meanings as set out
in the Listing Document.
Certain investors have made some enquiries on certain financial information of
the Company and the Board considers it appropriate to highlight those
information which are already included in the Listing Document:
+------+-----------------------------------------------------------------+
| 1 | As mentioned in the Listing Document, the audited net tangible |
| | asset value per Share as at 30 June 2009 was RMB37.3, and the |
| | Listing Document also expressly stated that such figure is |
| | calculated on the basis of the number of Shares in issue and |
| | outstanding as at 30 June 2009. |
+------+-----------------------------------------------------------------+
| | |
+------+-----------------------------------------------------------------+
| 2 | It is also mentioned in the Listing Document that on 2 November |
| | 2009, the Shareholders passed a resolution to subdivide the |
| | then existing issued and unissued shares of HK$0.10 each into |
| | ten shares of HK$0.01 each. It is further mentioned in the |
| | Listing Document that the closing trading prices of the Shares |
| | on AIM and PLUS Market in November 2009 (up to the Latest |
| | Practicable Date) were computed taken into account of the |
| | subdivision of Shares. |
+------+-----------------------------------------------------------------+
Trading in the Shares was suspended at about 11:57a.m. on 26 November 2009
pending release of this announcement and application has been made by the
Company for resumption in trading at 9:30 a.m. on 27 November 2009.
The closing trading price of the Shares on the Stock Exchange immediately before
suspension was HK$19.94 and the closing trading price of the Shares on AIM on 25
November 2009 was 45.75 pence (equivalent to approximately HK$5.89 for
illustrative purpose*).
* Based on the exchange rate of GBP1:HK$12.87 with reference to the website
of the Hong Kong Association of Banks.
Save as disclosed above, we also confirm that there are no negotiations or
agreements relating to intended acquisitions or realisations which are
discloseable under Rule 13.23 of the Listing Rules, neither is the Board 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 the order of the Board of the Company, the directors of which
individually and jointly accept responsibility for the accuracy of this
statement.
By order of the Board
Asian Citrus Holdings Limited
Sung Chi
Keung
Executive Director
As at the date of this announcement, the executive Directors are Mr. Tong Wang
Chow, Mr. Tong Hung Wai, Tommy, Mr. Cheung Wai Sun, Mr. Pang Yi and Mr. Sung Chi
Keung. The non-executive Directors are Mr. Ip Chi Ming and Hon Peregrine
Moncreiffe. The independent non-executive Directors are Mr. Ma Chiu Cheung,
Andrew, Dr. Lui Ming Wah, Mr. Yang Zhenhan and Mr. Nicholas Smith.
This information is provided by RNS
The company news service from the London Stock Exchange
END
SPMCKAKNFBDKFDB
Asian Citrus (LSE:ACHL)
Historical Stock Chart
From Jul 2024 to Aug 2024
Asian Citrus (LSE:ACHL)
Historical Stock Chart
From Aug 2023 to Aug 2024