GUANGZHOU PHAR<00874> - Unusual price movement
The Stock Exchange has received a message from Guangzhou Pharmaceutical
Company Limited which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited.
The directors (the "Director") have noted the recent increases in the
price of the shares of Guangzhou Pharmaceutical Company Limited
(the "Company") and wish to state that the Directors are not aware of
any reasons for such increase.
The Directors also confirm that there are no negotiations or agreements
relating to intended acquisitions or realisations which are Discloseable
under Rule 13.23, neither is the board of directors (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, the Directors collectively
and individually accept responsibility for the accuracy of this
statement.
By order of the Board
Guangzhou Pharmaceutical Company Limited
He Shuhua
Company Secretary
Guangzhou, the People's Republic of China, 22 April 2005
As at the date of this announcement, the Board comprises Mr. Yang
Yongming, Mr. Zhou Yuejin, Mr. He Shuhua and Mr. Feng Zansheng as
executive Directors, and Mr. Wu Zhang, Mr. Wong Hin Wing and Mr. Zhang
Heyong as independent non-executive Directors."
|